Leading Digital Business Transformation: Innovation Streams, Executive Leadership, and Ambidexterity Global Empowerment Meeting October 2014 Professor Mike Tushman Harvard Business School Copyright © President & Fellows of Harvard College What Do These Firms Have In Common? GM ATT Apple Kodak Marks & Spencer RIM SSIH/Asaug Lego Blockbuster Britannica/Encarta Ciba-Geigy U.S.Steel Nokia/Motorola NYPD Polaroid Siebel RR Donnelley IBM Xerox EMI (OK Go) Nike 2 What Do These Firms Have In Common? GM ATT Apple Kodak Marks & Spencer RIM SSIH/Asaug Lego Blockbuster Britannica/Encarta Ciba-Geigy U.S.Steel Nokia/Motorola NYPD Polaroid Siebel RR Donnelley IBM Acer? Havas/V&S? NASA? 3 In the past few years… …and more to come? 4 RIM: Leading yesterday’s business? “We are a very secure, entrenched business" Thorsten Heins CEO, Research in Motion Worldwide Watch Production Subtitle 8 Percentage of Tires Shipped by Construction Type: 1961-1989 Sources: Rubber Manufacturers Association, “Tire Shipments by Construction,” Tire Industry Facts (Akron, Ohio, 1990); Firestone Tire & Rubber Company, “Sales Forecasts,” Corporate Archives (Akron, Ohio, 1980). Citation: Sull, Donald. “The Dynamics of Standing Still: Firestone Tire & Rubber and the Radial Revolution,” Business History Review, 1999, pp. 430-464. 9 Disk Drive Industry Evolution:146 firms founded; 125 failures 2.5” Prairietek, Quantum, Conner, Western Digital Market 3.5” Size Conner, Quantum, Maxtor, Western Digital, Seagate 5.25 ” Seagate, Miniscribe, Maxtor, Micropolis, Computer Memories 8” Shugart, Micropolis, Priam, Quantum 14” Control Data, IBM, Memorex, Diablo, DEC, Ampex 1976 1981 1986 1991 1996 10