How do you decide when to adopt new technology?
Replied byPaul Guyett
Managing Director at Leffler Leather
Niche: Retail
Revenue: $1M+/month
Location: Australia
Started: 1932
We watch technology carefully but avoid rushing. Some tools become outdated quickly. Good management means knowing when to invest and when to wait.
0
From the Full Interview
This answer is part of a full interview with Paul Guyett, Managing Director at Leffler Leather.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Paul Guyett's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
Why did you decide to build your own manufacturing plant rather than outsourcing?
By Jake Karls
Retail
Approx. 3.16 Million USD/mo
What are the primary operational challenges when scaling a repair network to over six hundred locations?
By Matt Ebert
Retail
Approx. $250 Million/mo
Why did you decide to issue equity shares to every single employee at the company?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
What do you mean when you say dealers have a leverage problem rather than a profit problem?
By Dave Mondragon
Retail
/mo
How did customers react when you moved locations?
By Paul Guyett
Retail
$1M+/mo
Why did you decide to create your own brands?
By Paul Guyett
Retail
$1M+/mo
How would you define the role of a Chief Rainmaker in a business?
By Jake Karls
Retail
Approx. 3.16 Million USD/mo