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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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The Right Entry Point for Emerging Markets

Harvard Business Review

The topic — part of a series on innovation sponsored by Singapore's Economic Development Board and coordinated by Harvard Business Review — was "What's the Right Entry Point for Emerging Markets: Target Customers at the Bottom or the Middle of the Pyramid?". billion by 2030. Reaching this vast middle won't be easy, I said.

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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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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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Strategic Choices Need to Be Made Simultaneously, Not Sequentially

Harvard Business Review

The CEO of a large Australian company called me to relay a particular strategy development problem his firm was facing, and ask for my advice. For example, Uber made a Where to Play choice that included China because it’s a huge and important market. But it didn’t work in the Where to Play of China.

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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.

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5 Leadership Lessons: The Velocity Manifesto

Leading Blog

Technology enables velocity—the speed of getting products to market, the speed of delivery, the speed of analytics, and the list goes on. The thing you want to be these days is a “fast follower.” Instead, you want to quickly follow the first movers who are trying to capitalize on a blossoming trend.