I always found quite lazy the view on how Kodak failed despite inventing itself digital photography and even accurately predicting the rise of this market. I'm not going to try and convince you their 1990s management team were visionaries, either. But there is a fine line in the middle, and most importantly, a hard truth we should face about innovation and strategy in real life.
The 'doe noormal' Dutch mindset has had a lot of impact on the way this culture deals with technology and innovation. In many cases, this can be an interesting point of view for you too...
Pursuing my [ Looking back at ] series today by curating about digital platform scaling strategies, why network effects matter, and what we still have a hard time understanding about them (especially if you're a regular multinational in defense mode).
This week we'll discuss the different types of strategic moats a business can build to protect itself from competition. We'll see why AI might bring in a new disruptive way to building business moats. A way that very few will be able to afford and that might change business forever.