Don’t go the way of the newspapers — from revolution.com by Donn Davis on August 28, 2012
Excerpt (emphasis DSC):
So the fall of the great Tribune Company was not about getting blindsided. It was not about failing to understand what was going on with new technologies. It was about failing to act.
The newspaper industry’s Shakespearean fall is a lesson in inaction (like the fate of hero Hamlet). Inaction in the face of disruptive technologies took many forms. “Won’t be a major game-changer,” most said. “Won’t impact good companies like ours,” some opined. “Won’t impact the company until long after I have retired,” others demurred. The leaders of colleges and universities must not make the same mistake of sitting on their hands.
…
Both the newspaper industry and higher-education are risk-averse, so the strong bias will be the status quo.
From DSC:
Great call here Donn; I would also add “Board of Trustees” to your TO: line.