CEOs risk competitive advantage (and jobs) by skimping on software testing
This summer, failure to turn around Volkswagen's software unit cost CEO Herbert Diess his job. A household name, Volkswagen risked losing its competitive advantage to China, Japan and other markets by not modernizing, alongside the reputational damage of producing cars that can’t match competitors' software standards. Diess became perhaps the most high-profile executive to pay the price for failing to modernize an organization. He won’t be the last.