Srikar Doddi
Aug 28, 2017 · 2 min read

Everyone has the same problems

Today, the five largest companies in the world in terms of market cap are all software companies. Technology is driving exponential change across business and society. If Software is eating the world, Amazon is eating the world, and Mobile is eating the world, how can large companies succeed?

This quote from Storey and Salaman explains the problem that companies are facing.

“paradox is at the heart of innovation. The pressing need for survival in the short term requires efficient exploration of current competencies and requires ‘coherence, coordination and stability’; whereas exploration / innovation requires the discovery and development of new competencies and this requires the loosening and replacement of these erstwhile virtues”

Janice Fraser (video below) contends that most companies are dealing with exactly the same problems and offers practical tips to executives to deal with this paradox.

On to the update…

Shane Parrish explores Butterfly effect all the way in to the business world. According to his research, continuous small changes are the most effective way to gain higher market share.

Along the lines of Butterfly effect, Uber’s new CEO, Dara Khosrowshahi once said these famous words as Expedia’s turnaround CEO

“we don’t need to have homeruns in order to win. We can win with lots and lots of singles and doubles and we think that’s a good place to be and we have to continue that.”

In Disney’s Choice, Ben Thompson ponders if Disney can ever become a true aggregator.

57% of consumers’ time spent using digital media is now taking place in mobile apps

As Apple gets ready to launch their next iPhone, it is worth re-reading Tim Cook’s Doctrine from his earnings call in 2009.

Alphabet’s most ambitious AI project

What will be new in Whole Foods Market stores on Monday

Betting on things that never change

This is how Netflix’s recommendation system works

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Srikar Doddi

Written by

Chief Technology Officer, Kaplan Test Prep