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As well as lecturing at London Business School, Farhan Lalji is Managing Director of Anthemis Group, where he leads the Anthemis investments into funds. He is also technology expert in residence at King’s College London, and a board member at various technology start-ups across Europe, including Cledara and Wollit.
His research interests are digital innovation, entrepreneurship, and venture capital and private equity.
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Seven of the top ten companies in the world by market capitalisation, and the vast majority of unlisted ‘unicorn’ companies, are players in the digital economy: they sell primarily digital products (or hardware for accessing digital products), they operate with platform-based business models that give them increasing returns to scale, they have few tangible assets and they employ relatively small numbers of people.
These features make digital organisations fundamentally different to “industrial” organisations such as food manufacturers, oil & gas companies or automobile companies, who make physical products and operate in the world of decreasing returns to scale on which traditional economic theories were built.
The purpose of this course is to help students understand the differences between industrial and digital organisations, and to provide them with frameworks and practical advice for how to manage and work in digital organisations.