Re:Silicon Valley Abandons the Culture That Made It the Envy...
by freyir on Saturday February 01, 2020 @11:51PM
(#22215202)
> NOTHING has changed and pretending there's new insight is pointless.
The book is 35 years old, and Drucker himself was 76 years old when it was published. He was considered a well-respected guy in the field, to understate it somewhat, and he had also seen this stuff for decades.
I've seen this stuff for DECADES. Another book is not on the menu. NOTHING has changed and pretending there's new insight is pointless.
> big companies also have the resources needed to invest in long-term R&D with potentially big payoff down the road.
Very few do this (AMZ is one, MSFT another). The exceptions do not make a rule, nor do they "innovate" (iterative improvement) as much as "experiment" to break into new markets. This is an important observation, which is a good indicator of the level of analysis performed.
It's important to note, innovation itself rarely lends to a successful company, which is a different discussion and necessarily colors the state of things.