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First Mover or Fast Follower?

Harvard Business Review

Is the advantage to the "first mover" or should you be a "fast follower"? A recent column in The Economist cited a research report that found that "that innovators captured only 7% of the market for their product over time." There certainly is circumstantial evidence supporting both camps.

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The Building Blocks of Successful Corporate IT

Harvard Business Review

Market leaders and fast followers seek transformational change; cautious adopters and laggards dip their toe into incremental change. Market leaders and cautious adopters proactively seek change; fast followers and laggards take a reactive approach. Reporting structure. Organizational DNA. See accompanying chart.)

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How Much Do Companies Really Worry About Climate Change?

Harvard Business Review

In a good overview of these survey results published in the MIT Sloan Management Review , editor Nina Kruschwitz voices a legitimate concern that their findings don’t jibe with other reports lately, in particular an article in The New York Times titled, “ Industry Awakens to the Threat of Climate Change.” That’s exactly right.

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The Way Forward for Samsung, and Innovation

Harvard Business Review

Bloggers and reporters are pushing this idea from a business- or technology-oriented mindset. Samsung has built its name over the past two decades on being the world's greatest Fast Follower. Its newest entry in the mobile device market, the Galaxy S III, is unaffected by the ruling, and is reporting robust sales.

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The Right Entry Point for Emerging Markets

Harvard Business Review

It requires rethinking reporting relationships, talent management, rotational assignments, compensation, and more. A version of this question came up, and my answer was to always be one step ahead of fast-followers by having a robust pipeline that kept people on their toes. This shift is easier said than done.

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The Buzz on Green Business in China

Harvard Business Review

But dont count them out for long; if theres one thing Chinese companies are good at, its implementing a "fast follower" strategy. But dont count them out for long; if theres one thing Chinese companies are good at, its implementing a "fast follower" strategy. At the corporate level, theyre looking to the U.S.

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Five Questions Every Leader Should Ask About Organizational Design

Harvard Business Review

When faced with an organization design challenge, many managers rush to grab a cocktail napkin—long the instrument of choice for reorganizing—and sketch out a high-level diagram of boxes and reporting relationships.

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