Prof. Dr. Jan-Marco Leimeister, Visiting Professor at the St.Gallen Institute of Management in Asia and Professor for Information Management at the University of St.Gallen, spoke at SMU on 23 May 2019 about his insights on Digital Transformation, Future of Work and Future of Education, bridging his research findings, practical insights, and implications for curricula of business schools.
Digital transformation has changed everybody’s everyday life, and Prof. Leimeister took these changes as a starting point to discuss how the tech giants have overthrown the traditional ways of value creation. He used the best in class approaches of the companies he has studied to show the audience how these companies altered their business models to make full use of the digital potential, what the future of work might look like, and how the digitalisation of major players forces the depending industries to adjust accordingly. He put a special focus on platform providers, who have currently been serving niches. Faced with greater connectivity between machines and the Internet of Things, these markets have a tendency to develop into mono- or oligopolies, giving the one who defines the ecosystem first an unbeatable edge. He ended his talk with a warning for those hesitant to embrace the rapidly developing digital potentials: “If you don’t like the feeling of change, you will like the feeling of irrelevance even less.”
The St.Gallen public lecture series is jointly organized by the St.Gallen Institute of Management in Asia and the local HSG alumni community in Singapore. In the public lecture, St.Gallen faculty members share their research with a broad audience and highlight the practical application of their work.