The First Law of Thermodynamics and Digital Transformation | @ThingsExpo #IoT #M2M #DigitalTransformation

The First Law of Thermodynamics states, "energy can be changed from one form to another, but it cannot be created or destroyed." In a business context that can be interpreted to mean if energy is being used to resist change, then it is not available for making change. Change is difficult. The default mode for most organizations and people is to resist change. Blockbusters' own board resisted digital and business model transformation out of concern for short-term profits, which doomed it. Businesses that can direct energy to fast and positive transformation can exploit many more opportunities than enterprises mired in resistance.

read more