Mover Advantages - "early bird gets the worm"
used in the courses
was the first search engine success
but Google came along later, with a better algorithm and a superior business model and now "owns" the search engine business
First Mover Advantages discussed by Prof. Litt and Prof. Richardson
3 min 55 sec
Richardson and Litt
Part 2, 3 min 24 sec Litt
|Important ?||In the 3rd decade
of the new millenium medium and large sized companies are realizing more
and more that success is not just about being biggest or most innovative,
but rather success is about being to handle severe problems that can effect
an entire industry sector (or the entire world in a pandemic).
To be able to survive severe problems it helps to watch and study companies and enterpises that "came before" so you can avoid the problems they faced.
is not about doing the right thing
|As we move in
to the 3rd decade of the new millenium, the first decade 2000-2009 passed
quickly and the 2nd decade 2010-2019 passed even more quickly in the minds
of most people.
It becomes apparent that the conventional wisdom of business success and business models has been effected by some global events (Covid 19 2020..2021) that have had a huge impact on the way we work and live.
2000 - 2009
Early Bird Gets the Worm
Canadian company Research In Motion (founded in 1984) went public on the Toronto Stock Exchange in 1997 and then listed their shares on the U.S. Nasdaq in 1999 raising 1/4 of a billion dollars. RIM's "Blackberry" got boosted by the "Technological Environment" in 2002 when cellphone service was introduced and they reached 1 million subscribers in 2 years.
good for RIM until Apple unleashed the first iPhone in 2007. Then as the
world surged ahead with tech developments of various kinds the cellphone
market was born and RIM faced competition from companies that had never
previously been "in that space".
Second Mouse Gets the Cheese
2011 RIM cut 2,000 jobs while Apple surged ahead with their new tablet and apps for Apple where being developed all over. But, it was no longer a two-way race..by Q3 2011 Samsung "..surged past Apple to the number one spot among phone manufacturers, based on shipments."
2012 RIM's founding coCEOs resigned.
By Q3 2018 Apple made history by becoming the first U.S. company to be valued at over $1 trillion.
Excite founded in 1995
Altavista founded in 1995
Ask Jeeves founded in 1996
Google launched in 1998
Google is now (2021) larger
than all other search engines combined,
Bird Gets the Worm
Tilley rugged hats, launched in 1980 in Toronto and still dominate the rugged headgear segment 40 years later.
Companies still on top
Jeep - first real all terrain vehicle
non-militarized version began selling to the public after W.W.II and Jeep has maintained it's originall supremacy.
The following list was created in these languages
|Italian||in italian it
"l'uccello mattiniero prende
il verme il secondo topo prende il formaggio"
Amrita S. MRK460 2023 February
early bird gets the worm
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