article thumbnail

Strategic Choices Need to Be Made Simultaneously, Not Sequentially

Harvard Business Review

And Capabilities and Management Systems act as a reality check on the Where to Play and How to Win choice. If you can’t identify a set of Capabilities and Management Systems that you currently have, or can reasonably build, to make the Where to Play and How to Win choice come to fruition, it is a fantasy, not a strategy.

article thumbnail

What U.S. E-Commerce Can Learn from Its Global Copycats

Harvard Business Review

We were unable to capitalize on first mover advantage. But first mover advantage is a simplistic tenet of global strategy. With limited purchasing power, low credit card usage, and poor delivery networks, it''s clear that the approach for e-commerce in developing markets has to be different than in the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance. Machine learning is a powerful tool, but it’s not right for everything.

Survey 12
article thumbnail

The Hidden Costs of Initial Coin Offerings

Harvard Business Review

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. How ICOs Constrain. Governance.

Cost 8
article thumbnail

What Investors Need to Know About Zimbabwe After Mugabe

Harvard Business Review

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.

article thumbnail

The Health Care Industry Needs to Start Taking Women Seriously

Harvard Business Review

According to our report The Power of the Purse: Engaging Women Decision Makers for Healthy Outcomes , which was based on a multi-market survey of 9,218 respondents in the U.S., The good news: By engaging this market segment and rebuilding trust, health care companies can have a first-mover advantage.

article thumbnail

Which Nation Has the Best 'Technik'?

Harvard Business Review

Paul Kennedy's seminal Rise and Fall of the Great Powers captures the way technological and economic advances have converted into strategic advantage, and how failure to "lock in" that edge accelerates imperial decline. But America's edge is eroding fast as it struggles to keep first-mover advantage over its innovations.