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9 docs tagged with "inertia"

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Confusion of Choice

Overwhelming customers with too many options or complex choices so that making a rational decision becomes difficult.

Education

Educating the market or users to overcome their inertia to change by informing them of benefits or risks.

Inertia can kill an organisation

When change is resisted for too long, even a successful company may fail. Being slow to adapt leaves the door open for faster rivals to take its place.

Managing Inertia

A defensive strategy focused on proactively identifying and overcoming an organization's internal resistance to change to enable adaptation and agility.

Past success breeds inertia

When a company has enjoyed consistent success with a particular product, service, or business model, it naturally becomes invested in that approach. The processes, culture, and incentives that grew around that success often harden into habits. As the environment changes and new competitors emerge, those same habits can make it difficult to pivot. Leaders may cling to what worked before, assuming it will continue to work, even as the underlying landscape evolves.

Sweat & Dump

Outsource operation of a legacy asset to a third party, extract remaining value, and exit before the cost curve turns against you.

Undermining Barriers to Entry

An offensive strategy focused on identifying and dismantling a key barrier that protects an incumbent, thereby opening the market to new competition.