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Incumbent companies face critical decisions when it comes to addressing digitization. In this video interview, McKinsey Digital strategy McKinsey Company irector Paul Willmott argues the first decision is fundamental: whether a company is even in the right industry. That’s because digitization is blurring the lines between sectors, placing fresh demands on both leadership and organizational strategy. This interview was conducted by McKinsey’s Bill McIntosh, and an edited transcript of Willmott’s remarks follows.

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