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Being innovative is a matter of survival for all businesses today if they want to stay around, and especially if they want to be or remain market leaders.
FORBES: Collaborate to Innovate
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Or, market leaders could follow the well-trodden path to obsolescence, like Ames Department Stores, Woolworths, Digital Equipment, Wang Laboratories, Kodak, Motorola, Blockbuster, Borders, Tower Records, and numerous other one-time market leaders.
FORBES: The Lesson That Market Leaders Are Failing To Learn From Xerox PARC
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In fact, our data show that fully networked enterprises are not only more likely to be market leaders or to be gaining market share but also use management practices that lead to margins higher than those of companies using the Web in more limited ways.
FORBES: McKinsey Adds Insight About Social Media ROI
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Or I want to own technology market leaders while they grow market share.
FORBES: Buy Float Shrink And Tech Stocks Whether Market Cracks Or Not
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So they remain three, four, even five steps behind greatness, having neither the culture or infrastructure to compete with the market leaders.
FORBES: Finally, A Strategic Guide for Social Business
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He has been unwilling to challenge and disrupt existing leaders, or promote aggressive market disruptions through the GE business units.
FORBES: Why Jeff Immelt is no Mark Zuckerberg - and why GE investors suffer as a result
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As funds fall out of her momentum rankings, she rotates--or "upgrades"--into new market leaders, but tends not to hold funds for less than six months to avoid redemption fees.
FORBES: Acadian Emerging Markets: Fund On A Run
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Overcapacity and the high cost of keeping up with market leaders have been a problem in the last two years or so.
FORBES: Equity Markets Will See Less Of The Same -- Instinet
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In an earlier post, I discussed that because of their status as market leaders these anchor customers can establish the credibility new products or companies need to trigger additional purchases.
FORBES: Why Large Companies Should Become Anchor Customers
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In doing so, they have positioned themselves as market leaders and redefined the value that people receive from their product or service.
FORBES: How to Be a Top 50 Innovator