This brief, bloggy history lesson by Don Dodge of Microsoft provides details on how first movers DON'T always capture the castle by innovating. His advice is that companies need to look farther ahead -- though his ever-accelerating version of "Innovator's Dilemma" means that instead of 10-to-20 years for a challenger to overtake established players, it can be done in only a few years. Even new stars can burn out quickly.
His advice: Keep running hard because you never know who's gaining on you or how the market will change. Maybe he's a student of Satchel Paige. . .
http://dondodge.typepad.com/the_next_big_thing/2005/10/innovate_or_imi.html
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