Why You Should Make Your Competitors Your Frenemies
Yesterday I wrote about how to talk to investors about your competitors. In short, acknowledge they exist, be transparent about strengths & weaknesses and use your differences to talk about how you want to position yourself in the market. Conventional wisdom in most companies is that “the competition is the enemy” – it’s the rallying […]
Understanding How The Innovator’s Dilemma Affects You
One of the most influential books of my career is The Innovator’s Dilemma by Clay Christensen. I cannot recommend it enough for people in the technology or media sectors. Many people bandy about the definitions of “disruptive technology” or “the innovator’s dilemma” without ever having read the book and almost universally misunderstand the concepts. Let […]
