The CEO and HR director of Turkey’s biggest industrial conglomerate describe how a leadership-enhancement application is getting ready the business for a digital future—and shaking up the standing quo.
Digital transformation requires the entire assist of a company’s best leaders. But how do you instill a sense of urgency and objective in leaders who consider they are previously at the leading of their game? This was the situation at Koç Holding, Turkey’s $27 billion conglomerate with divisions in electrical power, automotive, finance, buyer products, retail, foods, tourism, and other industries. In 2016, CEO Levent Çakıroğlu, with his best staff, released a digital-transformation plan aimed at remaking each and every of Koç’s 25 key businesses—most of which had been previously current market leaders in their respective sectors.