Since 1776, when Adam Smith published The Wealth of Nations, economists have been espousing the competitive advantages of “scale”, referencing to the almost guaranteed generation of revenue that enterprises enjoy when their sheer size provides a figurative barrier to a competitor’s innovation and price competitiveness.
Will “scale” remain a continuing business advantage where the barrier of entry is blocked by big business’ established and costly IT infrastructure and market reach? Where your competitors need huge cash reserves and many years to reverse engineer your success?
Or do you believe the social era’s new dynamics of fast, fluid and flexible will offset the prowess of scale?
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The Social Roadmap