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Fast Second
''Fast Second: How Smart Companies Bypass Radical Innovation to Enter and Dominate New Markets'' is a book written by Paul Geroski and Constantinos Markides and published by Jossey-Bass in 2005. According to the authors, a "fast second company" lets other companies innovate and experiment to create new markets. Then the fast second enters the market just as the dominant design is about to emerge, helps create the dominant design, and uses its size to capture the market. The book identifies Microsoft, Procter & Gamble, Amazon.com, Canon Inc., JVC and H. J. Heinz Company, Heinz as successful fast second firms. It was a nominee of the 2005 Financial Times and Goldman Sachs Business Book of the Year Award. Publishing information * See also *First-mover advantage 2005 non-fiction books {{Econ-book-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Geroski
Paul Andrew Geroski (18 October 1952 – 28 August 2005) was a leading economist in the United Kingdom. Although born in Pleasantville, New York, United States, Geroski studied and spent most of his career in Britain, where he settled permanently in 1975. Career Following the completion of a PhD at University of Warwick he joined the Economics Department at University of Southampton as a lecturer. He quickly established a reputation as an excellent teacher who was generous with his time. Initially, he was given the task of teaching mathematics to 1st year students, many of whom had not studied maths at A level. His 'one hour revision lecture' on differentiation for those students at the start of the course was supported by hours of help in his office. He was also well known for teaching partial differentiation with the aid of a borrowed motorcycle helmet. He taught 'Economic Problems of Industry' to second year students. This quickly (in his second year at Southampton) beca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constantinos Markides
Constantinos C. Markides (born 1960) is a Cypriot management educator and, since 1990, the Robert P. Bauman Professor of Strategic Leadership at London Business School (London, UK). He is known for his work on strategic disruption and business models which is particularly illustrated in his book Game Changing Strategies published in 2008. He was listed among the Forbes.com list of Most Influential Management Gurus (2009). Life and work A native of Cyprus, he received a BA (Distinction) and MA in Economics from Boston University, MBA and DBA from the Harvard Business School. Constantinos worked as a research associate at the Harvard Business School and has completed research and published on the topics of international competitiveness, corporate restructuring, refocusing and international acquisitions (in journals such as the Harvard Business Review, MIT Sloan Management Review, Directors & Boards, Long range planning, British Journal of Management, Journal of International Busin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of California cities by population, fourth most populous in California and List of United States cities by population, 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the County statistics of the United States, fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microsoft
Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States. Its best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2019. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Meta. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Procter & Gamble
The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble. It specializes in a wide range of personal health/consumer health, personal care and hygiene products; these products are organized into several segments including beauty; grooming; health care; fabric & home care; and baby, feminine, & family care. Before the sale of Pringles to Kellogg's, its product portfolio also included food, snacks, and beverages. P&G is incorporated in Ohio. In 2014, P&G recorded $83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands, which produced 95% of the company's profits. A.G. Lafley, the company's chairman and CEO until October 2015, said the future P&G would be "a much simpler, much less complex company of leadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amazon
Amazon most often refers to: * Amazons, a tribe of female warriors in Greek mythology * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon River, in South America * Amazon (company), an American multinational technology company Amazon or Amazone may also refer to: Places South America * Amazon Basin (sedimentary basin), a sedimentary basin at the middle and lower course of the river * Amazon basin, the part of South America drained by the river and its tributaries * Amazon Reef, at the mouth of the Amazon basin Elsewhere * 1042 Amazone, an asteroid * Amazon Creek, a stream in Oregon, US People * Amazon Eve (born 1979), American model, fitness trainer, and actress * Lesa Lewis (born 1967), American professional bodybuilder nicknamed "Amazon" Art and entertainment Fictional characters * Amazon (Amalgam Comics) * Amazon, an alias of the Marvel supervillain Man-Killer * Amazons (DC Comics), a group of superhuman characters * The Amazon, a ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canon Inc
is a Japanese multinational corporation headquartered in Ōta, Tokyo, Japan, specializing in optical, imaging, and industrial products, such as lenses, cameras, medical equipment, scanners, printers, and semiconductor manufacturing equipment.Corporate Profile " ''Canon''. Retrieved on 13 January 2009. Canon has a primary listing on the and is a constituent of the Core30 and index. It has a secondary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times And Goldman Sachs Business Book Of The Year Award
''Financial Times'' Business Book of the Year Award is an annual award given to the best business book of the year as determined by the ''Financial Times''. It aims to find the book that has 'the most compelling and enjoyable insight into modern business issues'. The award was established in 2005 and is worth . Beginning in 2010, five short-listed authors each receive , previously it was . The award's principal partner was Goldman Sachs from 2005–2013, when it was known as the "''Financial Times'' and Goldman Sachs Business Book of the Year Award". McKinsey & Company supported the Business Book Award from 2014 until 2021, when it was known as the "''Financial Times'' and McKinsey Business Book of the Year Award". Since 2014, the Financial Times Business Book of the Year Award is presented at the same time as the Bracken Bower Prize for young business writers. Winners and shortlist Blue Ribbon () = winner 2005 The shortlist was announced 20 September 2005, and the winner ann ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First-mover Advantage
In marketing strategy, first-mover advantage (FMA) is the competitive advantage gained by the initial ("first-moving") significant occupant of a market segment. First-mover advantage enables a company or firm to establish strong brand recognition, customer loyalty, and early purchase of resources before other competitors enter the market segment. First movers in a specific industry are almost always followed by competitors that attempt to capitalise on the first movers' success. These followers are also aiming to gain market share; however, most of the time the first-movers will already have an established market share, with a loyal customer base that allows them to maintain their market share. Mechanisms leading to first-mover advantages The three primary sources of a first-mover advantage are technology leadership, control of resources, and buyer switching costs. Technology leadership First movers can make their technology/product/services harder for later entrants to replicat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
