Company's Second Act: Finding Your
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Product details
| Management number | 213277329 | Release Date | 2026/04/12 | List Price | US$36.00 | Model Number | 213277329 | ||
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| Category | |||||||||
Rapid technological advancements have altered how innovations enter markets, with adoption now resembling a sharp shark fin curve, unlike the traditional bell curve. This compression is due to swift market saturation and digital component obsolescence, leading many companies to struggle post-initial success. Seven common pitfalls are identified: being too lean, flawed capital structure, loss of the founder, over-serving investors, relying on luck, regulatory captivity, and anticipating non-existent customers. To ensure business longevity, consider: abandoning successful products early, building platforms instead of products, converting initial products into services, and investing in or acquiring emerging disruptors.
- Phase out the successful product before it loses momentum
- Develop a platform, not just a product
- Transform your initial product into a service
- Back or acquire emerging disruptors
| Theme | Business/Corporate |
|---|---|
| Brand Name | Harvard Business School Press |
| Mounting Type | Wall Mount |
| Wall Art Form | Painting |
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