CHANGE,  INNOVATE  OR  DIE !  -  BOSCONET THOUGHTS

Yesterday, Alexander Stubb, the Prime Minister of Finland said Steve Jobs took away all the jobs in his country. He quoted the president of the Swedish bank Nordea who had said, “We had two pillars … the IT industry and the paper industry. The iPhone knocked out Nokia and the iPad knocked out the forestry.”

This reminds of various occasions within the last century when very prominent and successful people saw some innovations as passing fads that would soon be forgotten – innovations like the motor car!

Change is inevitable, and innovation is the need of the hour. It is difficult and even painful for everyone to accept and adapt to some innovations around us. This is much more so for organisations. The better structured and organised they are, the more reluctant they are to change, adapt, innovate and remain relevant.

However, WE CHANGE, ADAPT AND INNOVATE, OR WE SHALL DIE!