Unlike startups, legacy companies have assets they can’t ignore and shareholders who demand profits.

Rapid changes in technology also warrant continuous learning.

diverge-converge-diverge-converge sequence,

works best in fragmented markets by aggregating dispersed supply and demand.

burn the boats,” so people don’t have the urge to go back to the old way of doing business.

unclear who owns the solution.

WeatherFX, which uses data from its app to help retailers predict how the weather will affect consumer purchasing behavior.

data-analytic and gamification approach to recruiting

word-of-mouth and referral programs are more effective in the long run.