People
A lot of people have posted tributes to Steve Jobs over the past week. I’ve seen him
called the CEO of
the Decade (something I agree with) and also
compared to Henry Ford (I sort of agree with). I’d like to call attention to four
lessons we can learn from Steve Jobs’ Apple, two positive and two negative. First
the good:
Apple avoided falling into the trap of the Innovator’s Dilemma
Apple avoided falling into the trap of the Innovator’s
Dilemma. In a nutshell, the Innovator’s Dilemma says the following (I am paraphrasing):
when you invent something, first you are trying to penetrate a new market and convince
people to buy your...