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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. Is the advantage to the "first mover" or should you be a "fast follower"? Companies like Citigroup are reimagining bank branches. Mobile phone companies are getting into financial services.

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Why Companies That Wait to Adopt AI May Never Catch Up

Harvard Business Review

They are planning to be “fast followers” — a strategy that has worked with most information technologies. It’s true that some technologies need further development, but some (like traditional machine learning) are quite mature and have been available in some form for decades. System Development Time.

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Build Your Bench Strength Without Breaking the Bank

Harvard Business Review

Many social enterprises start small and grow fast. This puts a premium on the need to develop, or recruit, talented people who can take on evolving roles and responsibilities. Leaders plead lack of time and money to make development a priority. How do you develop, or hire, the staff you will need? But it was growing fast.

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5 Leadership Lessons: The Velocity Manifesto

Leading Blog

The thing you want to be these days is a “fast follower.” Software engineers, developers, and programmers must be viewed as the artists of this generation. * * *. So all you have to do is look at the industry you are in and identify all the things that are wrong with it….Next,

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The Buzz on Green Business in China

Harvard Business Review

Of these 5 articles, some were self-explanatory: " Nation spurs development of new, green technologies ". " The theme of the big event was "Technology-led Transition and Innovation-driven Development," which sounds broad. VW: Tooling up for sustainability ". Batteries still drag 'green vehicle' effort ".

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Samsung Pay’s Older Technology Could Be an Advantage

Harvard Business Review

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. Its foray into this industry comes on the heels of product entries by Google and Apple. The most pressing concern may be competition from companies other than device manufacturers.

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Amazon's Fire and the New Integrated Platform

Harvard Business Review

Even when Bezos appears to be a fast follower, he's attempting to generate leapfrog momentum. The ultimate competition here isn't just for customers and their time; it will be for developers, creatives, and innovators of all kinds. Developers have to love Amazon with the same intensity they bring to Apple.