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I'm always astounded by the tendency to bet it all on core competencies and wind down every other effort that's profitable but not profitable _enough _ As if t
by glaslong 8mo ago
I'm always astounded by the tendency to bet it all on core competencies and wind down every other effort that's profitable but not profitable _enough _
As if times don't change, innovation never happens, and your accessory plays of today are never the overtaking market of tomorrow.
- Aeolun 8mo agoIt’s basically management 101. But I’ve gone through that phase and come out the other end believing that outsourcing any of the functions that aren’t commodified enough to switch at a moment’s notice is a terrible idea.
- atoav 8mo agoIt is managment 101 to identify what makes you unique and sell that down the drain for the thing that currently makes you the most money?
- benj111 8mo agoYes. Witness every company that got disrupted from existence, because the thing they were doing was more profitable. If you cut r&d that's a saving that a manager is rewarded for. The losses down the line are borne by others.
- jeltz 8mo agoCertainly seems like it from how most companies I have had personal insight into have been ran.
- ChrisMarshallNY 8mo agoKodak comes to mind. They invented digital photography, but their film people deliberately kneecapped their digital people. Killed the company. I worked for a camera company that made boatloads of cash from point-and-shoot cameras. That entire business was pretty much turned into chum by smartphones. I remember them refusing to even take the iPhone seriously, when it was announced. They took a serious hit, but seem to be recovering.
- vader_n 8mo agoCan you post good articles on what you said.
- ChrisMarshallNY 8mo agoI'm not really going to do that. I have personal experience in the field (27 years), and met and worked with the folks involved, so I know it's good info. I'm not especially interested in hunting around for stuff that basically is a "lite" version of my personal experience.
- siennaaurora 8mo agoMaybe you should write an article!
- ChrisMarshallNY 8mo agoThanks, but no thanks. I don’t really get specific about my employer, and I suspect that the folks at Kodak, wouldn’t be thrilled about me writing about them. There’s a fair bit of press out there, anyway. Not too hard to find corroborating information.
- imagetic 8mo agoThat’s a non AI search away.