Fast Mover Advantage
Entreneurship Prof. Wang Taiyuan seems inclined to tell you not to worry about being first because too many “firsts” go out of business. Hence he favors fast, just as he does when playing badminton.
Entrepreneurship professor Wang Taiyuan (王泰元) believes that Corporate Social Responsibility (CSR) activities are crucial for large corporations. As a researcher, however, his interest lies in gauging the importance of CSR for new ventures and examining the best way to apply them in new ventures that are frequently short of resources. His findings are well worth a look.
On the subject of new ventures he also talks about first mover advantage versus fast mover advantage. He seems inclined to tell you not to worry about being first because too many “firsts” go out of business. Hence he favors fast, just as he does when playing badminton. Somehow the measured and unhurried tone of his voice seems to quietly convince the listener that they can be first just by being a fast mover.
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Just in Time
Prof.of Management, Daniel Corsten explains operations systems while singing Just in Time.
Just as Just in Time could be either a very popular song or a production strategy designed to maximize business return on investment, Prof. Daniel Corsten could be either the most knowledgeable management professor around or the most enthusiastic person on earth doing what he loves to do, which happens to be singing for you. Knowledge and enthusiasm is certainly a powerful combination.
Don’t miss what he has to say about how we make decisions when we’re shopping, why supermarket shelves are organized the way they are, and why just in time is so important both in business and in life.
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