Any business model that can be disrupted by technology will be, and probably should be. According to author Don Tapscott for some firms it is already too late. Their business models have been rendered redundant by new technology, and their failure to respond has resulted in a rapid decline.
The reality that technology will leave no business – be it private or public – untouched is now firmly on every organization’s radar. New business models will be dictated by the technology that disrupted existing ones.
Read the full article in The Wall Street Journal.