Why Legacy Infrastructure Holds Large Organizations Back
A refusal to simplify technology enhances the startup advantage.
Throughout history, many organizations dominated their industries by virtue of their sheer size. That is, organizations that reached a certain level of revenue and/or market share could expect to realize some level of prolonged successβeven with legacy infrastructure and technologies. To paraphrase from Seinfeld, to the victor belonged the spoils.
By and large, however, this is no longer the case. Today and often without much warning, startups and small companies disrupt incumbents quickly. (For more on this, see The New Small.) Uber, AirBNB, and other on-demand companies are cases in point.
Thorny People Issues
To read the rest of this post, subscribe or sign in with your
π Free account.
It'll only take a moment.