Product-Led companies and team sports – perhaps unsurprisingly – have a few things in common. They both share the concept of a team, where everyone works together towards a shared goal.
While it’s easy to imagine that change processes require all participants to be in the same room, during the pandemic we’ve experienced quite the opposite and even picked-up a few new tricks-of-the-trade.
Due to rapid changes in market conditions and emerging disruptive solutions, established tech companies are facing exceptional challenges. In these conditions, many investors see transformation as a critical tool to assist their portfolio companies in regaining revenue and profitability.
The necessary substitution of an outdated technical platform brings new opportunities – but also involves great risk. It is a business-critical event affecting the whole company that demands the board’s attention.