ABSTRACT

Change is inevitable, but transformation must be intentional. Innovating on the fringe to replenish the core is a good strategy for the future in a distributed world economy. Like hackers' counterparts in family business, they have chosen to work with a team of people and stakeholders whom they care deeply about. They are hackers' family. When hackers draw their last breath as a leader, they’re the ones hackers want beside they, holding their hand. Think about two Phoenixes, Alexandre Birman and Irenee du Pont. Both innovators had to succeed according to their own plan. For Birman and du Pont, the difference in preparation was in the unforced errors by the senior leader. When Alexandre went to his father for a loan, his father wrote him a cheque. In the end, Pierre du Pont died helping his son put out a fire in the Eleutherian Mills. They never had the best relationship.