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Category: Book review

  • “First Mover” Disadvantages

    Contrary to popular belief, a lot of cases exist where the “first mover” have not been able to sustain for a long in a market and the followers have taken over.

    Source – http://www.revelx.co

    The following link talks about the disadvantages of a “First Mover”

    https://www.revelx.co/blog/first-mover-disadvantage/

    A few notable examples in this regard:

    • Google Glass was the pioneer now Snapchat Spectacles is in demand
    • Apple was the pioneer in PCs , Microsoft was the follower and adopted the model
    • Craglist was the pioneer in finding properties “for rent” , AirBnb now dominates the market

    Similar points are discussed in Jim Collins’s book titled “Great By Choice”

  • Best to be “One Fad Behind”

    John Brown at the iconic 10x performing Stryker Inc. believed in this philosophy.

    By not being too aggressive trying to over innovate , sometimes turns out to be the best strategy to survive in the longer run.

    USSC was Stryker’s biggest and more fancied competitor whose reputation of out-innovating competition eventually led to burn out and eventual downfall in the longer run.

    Adopted from Jim Collins’s book titled “Great By Choice”

  • Pioneers hardly dominate a market

    See below some notable examples and you would start seeing the pattern

    1) Gillette did not pioneer the safety razor.Star did

    2) Polaroid did not pioneer the instant camera.Dubroni did

    3) Microsoft did not pioneer PC spreadsheet.VisiCorp did

    4) Amazon did not pioneer online book selling

    Research shows that very few pioneers have gone on and dominated the market.

    Adopted from Jim Collins’s book titled “Great By Choice”

  • Why top companies need not be the most innovative?

    Jim Collins in his book titled “Great By Choice” shares startling insights which goes to prove just this.

    The iconic brand South West Airlines copied the entertainment aspect in its brand from its once famous competitor named Pacific Southwest Airlines.

    It was sheer discipline that made Southwest survive the test of time and Pacific Southwest Airlines extinct.

    The same holds good with Amgen wherein its competitor Genetech innovated and created patent after patent but still failed to survive in the long run.

    Thus 10X or high performing companies were not necessarily most innovative

  • Difference between Boss and a Leader

    Adopted from Simon Sinek’s book titled “Together is Better”

    “A boss has a title.A leader has the people.” – Simon Sinek

  • Leadership tips of the day

    Adopted from Simon Sinek’s book titled “Together is Better”.

    “The true value of a leader is not measured by the work they do.The true value of a leader is measured by the work they inspire others to do.” – Simon Sinek

  • Relationship between life’s journey and “Oxytocin”

    Oxytocin is the fulfillment chemical that is known to increase immunity.This can’t be tricked and flows through our veins when we show generosity and feel satisfied by serving others selflessly.

    True fulfillment can’t be realized by adopting short cuts in life.Fulfillment is not born of the dream , it is born of the journey.

    Adopted from Simon Sinek’s book titled “Together is Better”

  • Why we cannot trick “Oxytocin”?

    Oxytocin is the fulfillment chemical which flows through our veins when we achieve fulfillment by selfless deeds.

    Hitting short term , selfish targets cannot generate “Oxytocin”.At best it is a shot of “dopamine”.

    This brings us to the following wonderful quote from Simon Sinek , adopted from the book titled “Together is Better”.

    “The value of our lives is not determined by what we do for ourselves.The value of our lives is determined by what we do for others”.

  • Success and beyond

    “Our greatest test may not come from the path we travel to success.Our greatest test is what we do with success once we find it.” – Simon Sinek

    Adopted from the book titled “Together is Better”

  • When is true success realized?

    Adopted from Simon Sinek’s book titled “Together is Better”

    “Success is when reality looks like what is in our imagination.” – Simon Sinek