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Agree with your general point but I think Apple and Amazon are clear examples of big corps that have continued to innovate. My hypothesis is that companies with
by randomsearch 7y ago
Agree with your general point but I think Apple and Amazon are clear examples of big corps that have continued to innovate. My hypothesis is that companies with CEOs able to stay close to the end users and keep a product focus are able to counterbalance the main problem with big companies - that their decision makers are no longer close to their customers. I think they’re exceptions though.
- Nokinside 7y agoCan you mention biggest Apple or Amazon innovations in the last 10 years that: 1. Are not incremental, or just leveraging existing business to obvious directions. 2. originated internally 3. turned into big profitable business.
- tim333 7y agoHow many innovations from any source turn into profitable business within 10 years? It's a very small percentage.
- Nokinside 7y agoExactly my point.
- randomsearch 7y agoI have no idea where your criteria come from. But a few obvious massive innovations from both once established as large companies: Kindle, Alexa, AWS, iMac, iTunes, iPhone, iPad, Apple Watch. AWS alone is enough of a counterexample to make my point.