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Fast Second - How Smart Companies Bypass Radical Innovation to Enter and Dominate New Markets

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Succeed without being the pioneer; master market timing.

You might think innovation is the key to business success, but "Fast Second" reveals a different perspective that's equally compelling. This book explains how entering a market just in time and scaling it up can be a safer and more profitable strategy. It's perfect if you're interested in strategic planning or if you want to understand how companies like Amazon became titans not by inventing new markets, but by dominating them early on.

  • Financial Times Business Book of the Year Nominee for Shortlist (2005)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
New

Fast Second - How Smart Companies Bypass Radical Innovation to Enter and Dominate New Markets

Regular price RM33.29 MYR
Unit price
per
ISBN: 9780787971540
Publisher: Jossey-Bass
Date of Publication: 2004-10-29
Format: Hardcover
Related Collections: Personal Development, Business, Economics
Goodreads rating: 3.64
(rated by 61 readers)

Description

Discover why being a "fast second" is often more financially rewarding than being at the cutting edge. If you get there first, you'll lead the pack, right? Not necessarily! The skill-sets of most established companies, say strategy experts Constantinos Markides and Paul Geroski, are far better suited to scaling up newly created markets pioneered by others (in other words, being "fast seconds") than to creating these markets from scratch. In Fast Second, they explore the characteristics of new markets, describe the skills needed to create and compete in them, and show how these skills match up with different types of companies. Drawing on examples of successful fast-second firms such as Microsoft, Amazon, Canon, JVC, Heinz, and many others, they illustrate how to determine which new markets have the potential to be successful and how to move into them before the competition does, when to make a move into a new market, how to scale up a market, where to position a company in the market, and whether to be a colonizer or a consolidator. Order your copy today!
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Similar Reads

Succeed without being the pioneer; master market timing.

You might think innovation is the key to business success, but "Fast Second" reveals a different perspective that's equally compelling. This book explains how entering a market just in time and scaling it up can be a safer and more profitable strategy. It's perfect if you're interested in strategic planning or if you want to understand how companies like Amazon became titans not by inventing new markets, but by dominating them early on.

  • Financial Times Business Book of the Year Nominee for Shortlist (2005)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.