Harvard Business Review

JULY 25, 2012

Its story starts like many success stories do: An innovative concept coupled with a first-mover advantage, enabling a rapid physical expansion and generating increasing returns to scale. To succeed, therefore, managers have to learn when and how to abandon the strategies they have grown up with.

Strategy 15

Strategy First-mover Advantage Learning-by-Doing Pharmaceuticals 15

Harvard Business Review

JANUARY 30, 2012

An incoming CEO of an entertainment company, eager to secure first-mover advantage, instituted an ambitious growth strategy and set specific targets for managers. A top talent who can't work effectively with colleagues is a liability, not an asset. MYTH #4 : New CEOs must promptly define and communicate performance metrics.

CEO 15

CEO First-mover Advantage Leadership Styles Leadership 15

Harvard Business Review

JANUARY 8, 2013

They may be strategizing their way to first mover advantages and positions that leave few if any attractive options in the market. The danger, of course, is that while we are using uncertainty as an excuse to put off making strategic choices, the competition may be doing something else entirely.

Uncertainty 10

Uncertainty Strategy First-mover Advantage Fashion 10

Harvard Business Review

JANUARY 25, 2011

But a new study shows that no amount of buzz, excitement or first mover's advantage will lead a product to sustained growth. The costs are clearly high, but companies with products that tend to generate early buzz seem to do very well. At least that is the conventional wisdom.

First-mover Advantage 15

First-mover Advantage Venture Capitalist Dunning Influence 15

Harvard Business Review

APRIL 3, 2017

It turned out that Uber’s How to Win had a lot to do with building a first-mover advantage in markets like the U.S.; when Uber was a late entrant, the Where to Play wasn’t a simple extension, and it exited after losing convincingly to first mover Didi.

First-mover Advantage 16

First-mover Advantage Strategy Retail Pharmaceuticals 16

Harvard Business Review

APRIL 7, 2014

Not only is it easier to differentiate brands when there is less competition, but also, products introduced during recessions will enjoy a first-mover advantage as the economy recovers. The family businesses’ proactive approach clearly helped them do better.

First-mover Advantage 10

First-mover Advantage Intangible Assets Sample Long-term 10

Harvard Business Review

OCTOBER 3, 2017

In this example, it shifts Amazon’s business model from shopping-then-shipping to shipping-then-shopping, generates the incentive to vertically integrate into operating a product-returns service (including a fleet of trucks), and accelerates the timing of investment due to first-mover advantage from increasing returns.

Strategy 9

Strategy First-mover Advantage Business Model Learning-by-Doing 9

Harvard Business Review

AUGUST 6, 2012

Toyota's decade-long investment in its Prius sub-brand ultimately succeeded in strengthening the company's reputation as a respected product innovator while allowing Toyota to capture first-mover advantage in the fast-growing hybrid category. Enable organizational agility.

Innovation 16

Innovation First-mover Advantage Agility Chemicals 16

Harvard Business Review

AUGUST 28, 2017

Long-term: Work with academia or a third party to solve a high-impact use case (augmented human decision making in a key knowledge worker role, for example) with bleeding-edge AI technology to potentially capture a sizable first-mover advantage. Machine learning is a powerful tool, but it’s not right for everything.

Survey 14

Survey Execution First-mover Advantage Short-term 14

Harvard Business Review

OCTOBER 4, 2012

To ensure first mover advantage, the schedule was extremely aggressive. Essilor undertook a project to develop photochromic lenses with partners PPG and Transitions Optical. The project involved more than 20 sites around the world.

Innovation 15

Innovation Globalization Team Tacit Knowledge 15

Harvard Business Review

OCTOBER 4, 2012

To ensure first mover advantage, the schedule was extremely aggressive. Essilor undertook a project to develop photochromic lenses with partners PPG and Transitions Optical. The project involved more than 20 sites around the world.

Innovation 15

Innovation Globalization Team Tacit Knowledge 15

Harvard Business Review

DECEMBER 5, 2012

Before long, despite all the first mover advantages of Viagra, the competitors reduced Viagra's market share from over 90% to around 50%. In contrast, consider the following: Pfizer's blockbuster drug Viagra was patented in 1996, and went on the market in 1998.

Business Model 9

Business Model Innovation First-mover Advantage Apparel 9

Harvard Business Review

NOVEMBER 2, 2011

Innovation focused on first-mover advantage, not price point.

First-mover Advantage 15

First-mover Advantage Supply Chain Price Execution 15

Harvard Business Review

AUGUST 20, 2018

The mantra of “ first-mover advantage ,” the idea that winners are the ones who are the first entrants in their markets, became the conventional wisdom in Silicon Valley. Startups wrote business plans, generated expansive five-year forecasts and executed (hired, spent, and built) to the plan.

IPO 8

IPO First-mover Advantage Business Model Agility 8

Harvard Business Review

OCTOBER 12, 2018

In France and India, for example, homegrown leaders offer local-language video content, thus depriving Netflix of first-mover advantage. and Netflix has managed to make inroads into even those markets where Prime arrived first. Furthermore, strong competition in streaming already exists in many countries.

Globalization 8

Globalization First-mover Advantage Content Learning-by-Doing 8

Harvard Business Review

OCTOBER 12, 2018

In France and India, for example, homegrown leaders offer local-language video content, thus depriving Netflix of first-mover advantage. and Netflix has managed to make inroads into even those markets where Prime arrived first. Furthermore, strong competition in streaming already exists in many countries.

Globalization 8

Globalization First-mover Advantage Content Learning-by-Doing 8

Harvard Business Review

MAY 28, 2015

The good news: By engaging this market segment and rebuilding trust, health care companies can have a first-mover advantage. They must first develop gender smarts with customers and exhibit the behaviors women seek, as decision makers, to serve their needs.

Health Care 8

Health Care Industry First-mover Advantage Insurance 8

Harvard Business Review

JUNE 12, 2012

But America's edge is eroding fast as it struggles to keep first-mover advantage over its innovations. Those companies' hardware and software platforms are the foundation for almost endless innovation by diverse users worldwide, a contribution no Europeans or Asians can match.

First-mover Advantage 13

First-mover Advantage GDP Politics Biotechnology 13

Harvard Business Review

MARCH 6, 2013

In many markets around the world, companies have the chance to seize a first-mover advantage by investing early in this growing consumer touch point, much in the same way that companies that made early, scaled investments in TV advertising in its youngest years secured long-term cost advantages.

Strategy 8

Strategy First-mover Advantage Advertising Long-term 8

Harvard Business Review

NOVEMBER 7, 2018

Those benefits fall into three categories: To jumpstart network effects that provide a first-mover advantage: Many of the projects being built using blockchain technology are “protocols” that govern the interactions between users in a decentralized autonomous network.

Cost 8

Cost Decentralization Finance Entrepreneur 8

Harvard Business Review

DECEMBER 28, 2017

In this environment, multinationals that are willing to accept some risk and invest in the country could benefit from first-mover advantages – but only if the new administration follows through with much-needed economic reforms. billion a decade later. Now the country is at a crossroads. Years of economic mismanagement.

First-mover Advantage 8

First-mover Advantage Banking Politics Environment 8