Part 9/11:
Finally, Rajan offers perspective on the ongoing innovation cycle:
Speed of Disruption: The cycle of technological disruption shortens, prompting organizations to adapt quickly or risk obsolescence.
Strategic Relevance: Companies must ask whether adopting a new technology is necessary and aligned with their strategic objectives, rather than following hype blindly.
Long-term vs. Short-term: While experimental projects are valuable, they should be connected to long-term strategic goals, ensuring that efforts contribute to the organization’s core value proposition.
He advocates for a nuanced approach—balancing the urgency of staying ahead with disciplined evaluation of relevance and impact.