Bajan Sun Magazine - Caribbean Entrepreneurs Vol1 Issue 8 | Page 77

BAJAN SUN MAGAZINE The speed at which these changes are happening is forcing traditional companies to rethink their cultures and workflows. Rich Lesser, Global Chief Executive Officer and President of the Boston Consulting Group, says the key to resilience will be adaptability. He said companies need to be sensitive to their competitive environments, respond quickly to change, and have a culture of constant learning. Otherwise, OCT 2014 they could be threatened by “two kids creating something,” said Maurice Lévy, Chairman and Chief Executive Officer, Publicist Groupe. “The beauty in this world is that everyone can change it. It’s not something the old established companies will change, it is the youngsters who will come up with new ideas and be disruptive,” he added.