Management in a Digital Economy

from Bits Blog

“Business schools are a legacy industry that is trying to adapt to a digital world.” That is a quotation from Douglas M. Stayman, associate dean of Cornell Tech in New York, summing up an article published today.

The challenge business schools face is a sign of the broader test of leadership and management across industry. It’s certainly taken time; technology transforms the economy less like a tidal wave than like a steadily rising tide. Yet by now, nearly every business is in good part a digital business. Take your pick — retailing, advertising, media, health care, finance, even farming. A modern car is a chip-filled, sensor-laden, Internet-connected computer on wheels. And the human driver, it seems, is becoming optional.

More here.

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