
Entrepreneurial Thought Leaders (ETL) Kathleen Eisenhardt (Stanford) - Strategy for New Companies
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Nov 1, 2023 Kathleen Eisenhardt, Stanford professor, shares strategies for founders of new companies in disrupted markets. Topics include coherent strategy, strategic timing, successful internationalization, growth strategies in ridesharing, impact of AI on strategy, and early strategy and acquisition in new companies.
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See the Whole Field
- Focus on the entire playing field, like a point guard in basketball.
- Pay attention to substitutes, not just rivals, as they pose a greater threat.
Shaping the Playing Field
- Internet star companies shaped the playing field through alliances, acquisitions, and symbolic actions.
- They co-opted potential rivals, eliminated smaller competitors, and crafted compelling narratives.
Mobile Gaming Vision
- In mobile gaming, successful entrepreneurs focused on the bigger picture and industry vision.
- Less successful ones focused solely on building a great game, missing the overall market dynamics.
