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Several observations: This is just how company politics works. Those executives wouldn't be in their positions if they didn't look out for themselves first. Al
by babesh 5y ago
Several
observations:
This is just how company politics works. Those executives wouldn't be in their positions if they didn't look out for themselves first. Also it is turtles most of the way down. This experience should be a good lesson.
Only the larger of non-tech companies can get away long term with internally built tech. This is because only they have the money to build and maintain teams and build and maintain the technical expertise.
Sometimes, it still takes a massive bite in the ass for these giants to wisen up. For example, see Home Depot and their credit card scandal and then their subsequent investment in self checkout, online sales, and lockers. They have done really well for themselves.
Smaller companies eventually either get swallowed up or destroyed by bigger companies, by disruptive new players, or get a new lease on life due to the creation of a service layer below them.
Nowadays those new disruptive players are often tech plays.
Also the new service layer is often tech. One example of a tech service layer is Shopify. AirBnB and Uber are examples of industries getting swallowed up by tech. Expedia is another example of disruption from the previous generation. Home Depot swallowing up more of the construction supply industry is an example of bigger players crushing smaller players. Bye OSH.