Business leaders want to avoid their Kodak moment. That is true for the executive teams of traditional financial institutions. Actually, of any established company. A Kodak moment used to signify “an occasion suitable for memorializing with a photograph” but right now it rather means missing an industry shift in a spectacular way. Going from market leader to barely even surviving. This kind of grave failure of leadership that is not particularly good for the future of a business.
Read more about it here – https://fintechreview.net/kodak-moment/ – and let me know your thoughts!
Do you think that banks having their Kodak moment? 🙄