The Digital Vortex:
Implications for the Boardroom

24th November 2016 – 8.30 am to 3.00 pm, Singapore

An explosion in the use of digital technologies is changing the dynamics of competition across many industries. We see in the news almost daily about how traditional firms are being disrupted by nimble and technology-savvy competitors. These competitors are not just start-ups, but also well-capitalised technology giants. So what does this mean for industry incumbents that seem to be falling behind in data analytics, evidence-based decision making, platform building and e-commerce?

    Based on extensive research by IMD’s Global Centre for Digital Business Transformation, this session is designed for board directors who wish to understand how industry incumbents can leverage their competitive advantages to disrupt the disruptors and occupy new markets, as well as the implications for board directors in the short and long term. Facilitated by Jean-François Manzoni and Michael Wade, the session will address the following topics:
  • How disruptors are disrupting traditional businesses
  • Strategies for incumbents to disrupt disruptors
  • Learnings from incumbents that have successfully become disruptors, lessons from others that have failed
  • Implications for boards in the short term and long term
Chairmen and board directors of privately owned and public listed companies, government agencies, as well as social enterprises

Jean-François Manzoni is Professor of Leadership and Organisational Development at IMD, and will assume the role of President (Dean) on 1 January 2017. Prior to this, he was the Shell Chaired Professor of Human Resource and Organisation Development at INSEAD where he also directed the Global Leadership Centre. He focuses on leadership, the development of high performance organisations and corporate governance in his research, teaching and consulting activities. An award winning teacher and researcher, and a widely published author, he has worked in more than 30 countries as a consultant, trainer and coach for several MNCs, founded and directed various leadership and board-level initiatives at INSEAD and IMD in the last 25 years.

Prior to re-joining IMD, he spent five years on INSEAD’s Singapore campus where he founded and directed the LEAP programme (for Leadership Excellence through Awareness and Practice), a ground-breaking modular leadership development programme for senior executives. He also co-directed the International Directors Programme, INSEAD’s flagship programme for Board members, and co-directed the launch of a new executive development programme entitled Leading the Business of Sustainability. Between January 2011 and September 2013 he directed the Global Leadership Centre supporting INSEAD’s leadership-related coaching, teaching and research activities throughout the world.

Prior to (re)joining INSEAD in 2011, Jean-François had spent seven years at IMD, where he served as Professor of Leadership and Organisational Development and directed, among other programmes, IMD’s Breakthrough Programme for Senior Executives. Prior to that he had spent twelve years on the faculty of INSEAD (Fontainebleau), where he founded and directed the PwC Research Initiative on High Performance Organisations (funded by a €5 million grant from PriceWaterhouseCoopers, at the time the largest corporate donation ever received by the school).

He is a member of the Human Capital Leadership Institute’s International Advisory Panel and was invited to the 2014 and 2016 World Economic Forum meetings in Davos.

Michael Wade is a Professor of Innovation and Strategy at IMD and holds the Cisco Chair in Digital Business Transformation. He is the Director of the Global Center for Digital Business Transformation, an IMD and Cisco Initiative. His areas of expertise relate to strategy, innovation, and digital transformation. Previously, he was the Academic Director of the Kellogg-Schulich Executive MBA Programme in Canada. Michael has been nominated for teaching awards in the MBA, International MBA, and Executive MBA programmes. He obtained Honours BA, MBA and PhD degrees from the Richard Ivey School of Business, University of Western Ontario, Canada.

At IMD, Michael teaches in several open programmes and has directed partnership programmes related to strategy and digital business transformation with Vodafone, Ooredoo, AXA, Honda, Zurich Financial Services, Credit Suisse, KONE, and Richemont, among others. He co-Directs IMD’s Orchestrating Winning Performance and Leading Digital Business Transformation programmes. He provides consulting services, executive education and expert evaluations to several public and private sector organisations. He has lived and worked in Britain, Canada, Japan, Norway, and Costa Rica.

Michael has published works on a variety of topics, including digital business transformation, innovation, social media marketing, information systems strategy, eCommerce, and SME performance. He has more than 50 articles and presentations to his credit in leading academic journals such as Strategic Management Journal, MIS Quarterly and the Communications of the ACM. One of his articles was among the top 20 cited articles in business, management and accounting worldwide for five years, according to Scopus (the largest abstract and citation database of peer-reviewed literature). He’s published eight books, more than twenty case studies and appears frequently in the mainstream media. His Latest book, published in 2016, is Digital Vortex: How Today’s Market Leaders Can Beat Disruptive Competitors At Their Own Game.

"Excellent introduction to a challenging topic which requires urgent action by boards. The forum provided a simple to understand framework and useful tools which will help board members determine the future of their companies by focusing on transformational imperatives."
KHOO Boon Hui, Board Director, Certis CISCO Security Pte Ltd

"The session provided an excellent overview and compelling examples for digital transformation and agility. Most importantly, the session's facilitators provided practical advice, framework and emphasis for focus and successful Implementation."
LIM Teck Yin, Chief Executive Officer, Sport Singapore

"Quick, easy to follow and digestible programme. (The session was) able to break down myths and fears of digital disruption (by providing) useful sign posts and set of toolkit for board members and senior executives to use in navigating what disruption means for real business and how to respond effectively."
Richard Hoo, Deputy Chief Executive Officer, Urban Redevelopment Authority