In the game of innovation, there is next to no time to rest. As soon as you’ve discovered the next, best thing, everyone in your industry starts trying to replicate it. In the best cases, it takes your competitors years to distill your secret sauce. In the worst cases, it only takes months to move from profitable differentiation to commodity competition. Scale economics has been one of the last bastions from the competitive storm. In other words, the advantages of size gave some companies a bit of safe harbor.
The Commoditization of Scale
In the game of innovation, there is next to no time to rest. As soon as you’ve discovered the next, best thing, everyone in your industry starts trying to replicate it. In the best cases, it takes your competitors years to distill your secret sauce. In the worst cases, it only takes months to move […]
March 26, 2012
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New!
HBR Learning
Strategy Planning and Execution Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Strategy Planning and Execution. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
How to develop a winning strategy—and put it to work.