I can’t tell you how many times I’ve heard venture capitalists and executives insist new businesses should target big markets. They also love chasing “hot” markets that are en vogue….http://growthsci.com/blog/start-small-finish-big/ ...read more
PEGG Capital
Overconfidence, bad models and delusion
How bad can a predictive model be before people abandon it? Intuitively, most people assume a model or decision process has to be right at least 51% of the time…… http://growthsci.com/blog/delusion_accuracy ...read more
The Future: bigger companies, faster deaths
There are more huge companies than ever before. That may surprise you, but if you count the number of companies in the Fortune 500 with $5 billion or more in revenue, you’ll find the number has been growing for decades… http://growthsci.com/blog/bigger-companies-shorter-lives/ ...read more
Hey big innovator, get out of your way!
Why is it so hard for big companies to successfully innovate and launch new businesses? This has been one of the most popular questions in management theory for decades… http://growthsci.com/blog/get-out-of-your-way/ ...read more