Tuesday, December 23, 2008

Difference between David and Goliath

"Polaroid has filed for bankruptcy," Albert told me last night.
One of the case studies which I undertook whilst studying was about how Polaroid enjoyed 28 years of monopoly control of the instant photography market until Kodak came along in 1976.

After years with giants like AMEX, Aetna, Hilton, Pan Pacific, Starwood, Meritus, I now work for a relatively small, but fast growing company. After over 1 1/2 years, I realise a major advantage of working in a so-called small company.

A small company can mobilise quickly, change directions in turbulent waters on short notice. That's why the big Titanic sank - because it can't change course quick enough.

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