Staying Power

Very good and worth reading book by Dr. Michael A. Cusumano.

Really very relevant for IT services firm – Also new SaaS and Cloud technologies paradigm will ensure that we move towards the path which Dr. Cusumano has charted.

Six enduring principles for managing Strategy & innovations in an uncertain world.

He suggest building following

Broader way to think about Strategy & Business models:

1.       Platforms – Not just Products

2.       Services – Not just Products (or Platforms)

Agility factors (Flexibility + Speed)

3.       Capabilities – Not just Strategy

4.       Pull – don’t just Push

5.       Economies of Scope – Not just economies of Scale

6.       Flexibility  - Not just efficiency

Agility brings staying power.

All IT startups must think above and weave into core strategy.

Will all IT services companies perish as few of them becomes mammoth or they will have staying power by becoming niche and agile?

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