Only a select few companies manage to extend their lives decades beyond the competition. In fact, on average, an S&P 500 company is now being replaced about once every two weeks. Most miss out on new waves of innovation. No matter the industry, a successful company with established products will get pushed aside unless managers know how and when to abandon established business practices and create new, disruptive engines of growth.
The process of strategic transformation is not a single-time event. Lila talks about how lasting businesses need to create and nurture the culture of continuous, relentless process of self-disruption, a process which requires strong visionary leadership, customer-attuned neo-hierarchical culture, and an adaptive long term view of the strategy.
She is acclaimed by Forbes, Times, San Francisco Chronicle as a visionary leader, Lila Tretikov is the CEO of Terrawatt, a transformational clean energy incubator, an SVP of Engie, the world’s largest independent power producer and a board member/advisor to numerous companies. Prior, Lila was the top executive opertating Wikipedia – the world’s 5th largest website. She founded her first company while at UC Berkeley doing research at the Lawrence Berkeley National Laboratory. Lila has authored numerous patents and articles in the field of technology-enabled business transformations, she helps companies develop and launch new “Growth Engines”. In 2016 she joined the World Economic Forum as the Futures Counsel and a Global Leader.