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Read The Innovator's Dilemma. Standardization in fact usually comes later, once the component in question has reached commodity status. Until then, if there is
by URSpider94 10y ago
Read The Innovator's Dilemma. Standardization in fact usually comes later, once the component in question has reached commodity status. Until then, if there is a competitive advantage to be gained by customizing, then the market leaders will make that investment to stay out in front. The leaders will either fight or snub standardization.
Referring to the PC industry, the availability of standard components marked the death of the premium desktop business, since these days anyone with two hands and a screwdriver can bolt together a desktop as good as any other. That's great for customers, not so good for incumbents like IBM.
- intrasight 10y agoIBM realized years ago that there's little value (in their case negative value) in being they guy with a screwdriver. >The leaders will either fight or snub standardization. I'll still claim that my PSU analogy applies. The leaders exist because of and welcome the standards. Those that fight and snub will certainly not be leaders.