Business Strategy

Death by Denial: Value and the Digital Age

At the time of his death in 1992, Sam Walton, founder of Walmart, was estimated to hold a net worth of US$4.6 billion. In today’s money, it has been speculated that the collective wealth of the Walton family extends beyond US$150 billion. Walton was an innovator and possessed an acute understanding of value creation. Walton […]

Read more

Like Kodak, at your peril, ignore digital

In 1888, much of the world was transported by steam-power and horse-drawn carts. It wouldn’t be for another 15 years before Henry Ford forever transformed transportation by installing his first moving assembly line. That one advancement caused major social, economic, technological, and political disruption. What was the lesson for business? Adapt or die. George Eastman […]

Read more