Re:Tesla Passes Ford by Market Value
by mikeash on Monday April 03, 2017 @11:55AM
(#14023795)
Individuals within a company seek to be viable in the future, which often leads them to reject innovation that might endanger their role.
History is littered with companies that refused to pivot into new technology until far later than they should have, because they were too heavily invested in the old way. American car companies suffered from this in the 70s, where they got thrashed by competition from small imports for quite a while before they could be convinced to stop concentrating on land yachts.
History is littered with companies that refused to pivot into new technology until far later than they should have, because they were too heavily invested in the old way. American car companies suffered from this in the 70s, where they got thrashed by competition from small imports for quite a while before they could be convinced to stop concentrating on land yachts.