4 ms·
This pattern seems to be quite common today: Entrenched interests refuse to budge on issues related to evolving markets. Smaller, more nimble, more open-minde
by datashovel 12y ago
This pattern seems to be quite common today:
Entrenched interests refuse to budge on issues related to evolving markets. Smaller, more nimble, more open-minded companies see opportunity and take market share. Eventually entrenched interests either lose market share (no longer as entrenched as they once were) or they catch up.