To have one of Australia’s most successful businessman of all time sell out may be regarded as felicitous, but to have two of them do it at the same time makes it look like something bigger is going on.
If the global economy is being rearranged by changes in technology to such an extent that it makes Rupert Murdoch and Frank Lowy read the tea leaves and head for the exit doors, then what does that mean for everyone else?
Chief executives need to ask themselves if their business is facing large-scale unpredictable change or not.
And if it is, have they got control over that change?
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A high number of incumbent businesses can take up to two years to do anything about any disr…
Read the full article at: http://www.afr.com/markets/equity-markets/when-frank-lowy-and-rupert-murdoch-sell-its-time-to-join-them-20171212-h03mjh
