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Maxims: Winning Shootouts: First to Market versus Right to Market.

Posted on: 22-Jun-2010 Page Views: 2300
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Summary How do you win a shootout? Wyatt Earp is reputed to have answered, "Fast is fine, but accuracy is final." Yet, the idea that the fastest gun always wins persists today in business mythology. It’s called first-to-market, and it is a power-point fiction. Right-to-Market is always far more important than first-to-market . . . which often becomes Crap-to-Market. How to you get it right? . . .
Posted By
Dan Hutcheson (Fellow)
Post Date 2010-07-16 16:05:51
Comment Thanks Granville!
Posted By
Granville Xiong (Member)
Post Date 2010-07-09 22:41:44
Comment Such a vital principle has been well explained by Dan and I totally get
it. As technologies continue evolving day by day, it's crucial for
entrepreneurs to understand the difference between technology and product.
I like the very illustrative example of internal combustion engine you
gave, which just hit the button.
Posted By
Dan Hutcheson (Fellow)
Post Date 2010-07-08 18:00:43
Comment Definitely, Richard. Thanks for the comments.
Posted By
Richard Smith (Fellow)
Post Date 2010-06-23 05:50:00
Comment Dan, Well said. Consider this... “To create greater business value –
One does not have to be first to create, just first to innovatively
perfect what has been created.” - Richard D. Smith, SMITH-TRG
About weQuest:
weQuest's are written by G Dan Hutcheson, his career spans more than thirty years, in which he became a well-known as a visionary for helping companies make businesses out of technology. This includes hundreds of successful programs involving product development, positioning, and launch in Semiconductor, Technology, Medicine, Energy, Business, High Tech, Enviorntment, Electronics, healthcare and Business devisions.
Short URL: http://medical.wesrch.com/weqME1UV4Y
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