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When a company is going to get crushed by an up and coming startup, the smartest employees know it long beforehand. They know their employer is not going to die this month, so there's no urgency about leaving, but they know they'll be gone in a couple years.
As usual I can't help thinking of ways established cos could use this phenomenon to save themselves. But I'll keep those to myself; I want the startups to crush them. Not that they'd listen anyway.
Is it possible for large cos to create environments st each product must be self-sustaining, letting the failures fall away and let the winners run?
Maybe by providing financial incentives for employees to identify startups they might want to acquire.
Keep employees engaged and motivated enough and they’ll do this on their own.
Lobby for a regulatory framework that builds barriers to entry? Ask the customers what they need?
that's the thing, established companies already know. However, it takes someone like Bill Gates or Steve Jobs (many other examples) to act on this information. Luckily for startups, a huge number of companies don't have that kind of leader.
Would it be also the case that those employees jump to that start-up?
Established cos that listen to their smartest employees, or any employees knowledgeable about these kinds of shifts and empower them to respond don’t have this problem.
To further clarify. When decisions are pushed to the lowest levels possible, organizations become far more responsive and more resilient to disruption.
Cos can ask employees periodically. Who is going to crush us ? How someone can crush us ? I don't know they would respond from the heart & mind both.
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