Going Global in the Digital Age Keeping up and Staying Ahead in Today’s Tech-Driven Society (No Full text)

Abstract

This paper dives deep into a simple but crucial question: in today’s fast-paced digital era, how important is it for businesses to adapt? While there’s been a lot of chatter about the sweeping changes that digitalization brings, there’s still a murky understanding of what happens to companies that don’t hop on this digital train in time. Through a mix of digging into academic articles and drawing real-world lessons from the contrasting tales of Netflix and Blockbuster, this research paints a clearer picture. As Netflix soared by embracing change, Blockbuster’s hesitation sealed its fate. The takeaway? Being nimble and tech-savvy isn’t just “nice-to-have” anymore—it’s a game-changer. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.