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Allocational Rigidity - What Is Will Always Beat What Might Be

All too often, legacy programs get richly funded year after year, while new initiatives with potentially much higher returns go begging for funding.
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Barrier by Gary Hamel on April 6, 2011
PARC
Xerox
Apple
Mouse
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The Ghost of the Politburo

The process for resource allocation in too many organizations is highly centralized, creating a monopsony for new ideas within an organization, and favoring investment in projects that represent incre
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Barrier by Gary Hamel on April 8, 2010
Music industry
MP3s
music downloads
Apple
Napster
Real Networks