Why do big, established companies struggle when faced with disruption from agile startups?
In this episode, Chris Saad and Yaniv Bernstein explain:
- Don't Look Up: How tech advancements, regulatory changes, and shifts in cultural norms create opportunities for smaller players.
- Stuck in the Mud: Why entrenched cultures, rigid business models, and incremental incentives make it tough for large companies to innovate quickly.
- Dinosaurs to Dynamos: The strategies that big companies can use to foster innovation and keep up with their disruptors.
Whether you're an entrepreneur, business leader, or just curious about the forces shaping today's market, this episode offers practical strategies and expert analysis to help you stay ahead of the curve.
00:00 Intro
02:57 Why big companies can't crush startups
05:06 Cultural barriers to change in large companies
10:59 Big companies as 'dinosaurs'
13:14 'Domain Dogma': Why big companies are inflexible
20:45 The Innovator's Dilemma: Business models and business impacts
22:45 Maladaptive behaviors in startups
25:32 More 'formally' defining the Innovator's Dilemma
28:41 Understanding exponential growth
33:27 How large companies can adapt and innovate
38:54 Acquisition and integration
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Key links
The Startup Podcast is sponsored by Trilligent. Trilligent is your startup's one-stop-shop for regulatory, PR, and international expansion advisory. Their unique startup-friendly offering is essential for any startup looking to go beyond their home shores or deal with complex regulatory environments. Go to https://trilligent.com and book a call with their COO Laura to learn more – tell her we sent you!
The Startup Podcast is also sponsored by Vanta. Vanta helps businesses get and stay compliant by automating up to 90% of the work for the most in demand compliance frameworks. With over 200 integrations, you can easily monitor and secure the tools your business relies on. For a limited-time offer of US$1,000 off, go to www.vanta.com/tsp.
Get your question in for our next Q&A episode: https://forms.gle/NZzgNWVLiFmwvFA2A
The Startup Podcast website: https://tsp.show
Learn more about Chris and Yaniv
Work 1:1 with Chris: http://chrissaad.com/advisory/
Follow Chris on Linkedin: https://www.linkedin.com/in/chrissaad/
Follow Yaniv on Linkedin: https://www.linkedin.com/in/ybernstein/
Editor: Justin McArthur https://www.linkedin.com/in/justin-mcarthur
Intro Voice: Jeremiah Owyang https://web-strategist.com/
#startup #economics #innovation #growth #agile #dinosaur
