The primary mission of a well-established company's management is to defend its assets, either through regulations or M&As. They are just designed that way. On their boards, they all have an audit committee and a compensation committee. Does any corporation's board have a product & innovation committee? That says all. Regarding disruptive innovation, there is no better example than Microsoft, investing in OpenAI and adopting ChatGPT, but it takes a visionary CEO. At the end of the day, corporations are no different than middle-age kingdoms. It took a good king to reign and good lords to elect that king.
Marvelous subjects and intelligent debate here, thank you!
Excellent insights! THANK YOU so much for sharing!
The primary mission of a well-established company's management is to defend its assets, either through regulations or M&As.
They are just designed that way. On their boards, they all have an audit committee and a compensation committee.
Does any corporation's board have a product & innovation committee? That says all.
Regarding disruptive innovation, there is no better example than Microsoft, investing in OpenAI and adopting ChatGPT, but it takes a visionary CEO.
At the end of the day, corporations are no different than middle-age kingdoms. It took a good king to reign and good lords to elect that king.