Companies Don’t Innovate, Markets Do
MARCH 7, 2017
One of the reasons big companies can’t innovate is they grow inert and can’t match the dynamism of the market. Markets are dynamic, companies are not. It’s very hard for companies to match the velocity, variance and selection of markets. The narrative they tell themselves is their strategy works because they’re the first ones in the market to do so and so things. Nothing will happen unless the market is ready to adopt it.