The Rise of the Digital Incumbent
Legacy firms that build strong digital capabilities can match digital natives, but only about 30% are succeeding and the rest face growing competitive attack.
Summary
De Laubier and Chakraborty describe a new category of digital incumbents, traditional companies that have built the capabilities to disrupt business models and deliver growth rewarded by investors. They estimate only about 30% of S&P Global 1200 companies are making this transition. Digital incumbents outperform less digital rivals, create more value for stakeholders and are more resilient, and bionic capacity requires a strong digital
Editor's opinion
Legacy firms that build strong digital capabilities can match digital natives, but only about 30% are succeeding and the rest face growing competitive attack.
Key concepts
Digital incumbents · Bionic capacity · Legacy company transformation