The digital transformation of the business world has created two major challenges for today’s incumbents — but they’re only aware of one of them.
4 Ways Silicon Valley Changed How Companies Are Run
And what legacy companies can learn from their success.
November 14, 2023
Summary.
Silicon Valley firms don’t just create technology. Over the past 30 years they’ve invented a new way of running companies, what author Andrew McAfee calls the “Geek Way.” It’s comprised of four norms that increasingly define successful businesses: Speed, ownership, science, and openness. Companies that resist this recipe risk being left behind.