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
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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.