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First Mover or Fast Follower?

Harvard Business Review

Transformational developments are swirling around the banking industry — as they are in nearly every industry. The first innovators in the market are often too early in the technology curve. Here's one of the biggest that would-be innovators should ask: Should I lead or follow? Do the panelists agree?".

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Samsung Pay’s Older Technology Could Be an Advantage

Harvard Business Review

The stakes are high in the mobile wallet market, projected to be over $140 billion by 2019. But Samsung’s new mobile wallet strategy may be a sign that they are finally becoming a true leader and shedding their image as a fast follower. When we consider how large the physical store market is ( $3 trillion in the U.S.

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The Right Entry Point for Emerging Markets

Harvard Business Review

I recently participated in a spirited panel discussion with Bruce Brown, Procter & Gamble's Chief Technology Officer, and Erich Joachimsthaler, Vivaldi Partners' managing director and CEO. After all, the World Bank estimates that the number of middle class consumers in emerging markets will jump from 420 million today to more than 1.2

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Why Companies That Wait to Adopt AI May Never Catch Up

Harvard Business Review

Instead they are waiting for the technology to mature and for expertise in AI to become more widely available. They are planning to be “fast followers” — a strategy that has worked with most information technologies. System Development Time. First, there is the time required to develop AI systems.

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5 Leadership Lessons: The Velocity Manifesto

Leading Blog

In today’s high-velocity environment, Scott Klososky believes you need to understand how to guide your organization in the implementation and usage of technology—in short, how your organization “does” technology. [As The thing you want to be these days is a “fast follower.” Speed is our friend in almost every case.

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Amazon's Fire and the New Integrated Platform

Harvard Business Review

Amazon's presence will intensify the innovation tempo in every market touched. As clever as Amazon's technological innovations have been, Bezos's flair for ecosystem innovation is even more impressive. Even when Bezos appears to be a fast follower, he's attempting to generate leapfrog momentum.

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The New New International Economic Order

Harvard Business Review

This was just one round in a developing fight over the rules and norms that govern the international political economy. Writing in 1979, Roger Hansen (in Beyond the North-South Stalemate ) succinctly characterized the choices faced by developed and developing countries in the face of these demands.