An industry may seek to capture a regulatory agency in order to entrench incumbent companies in the industry and raise barriers to entry
by upstart competitors.
Not exact matches
Hackett has focused on streamlining Ford's core vehicle business while also recasting the company's message for investors who are captivated
by self - driving cars and the arrival of
upstart competitors such as Tesla.
With virtually no experience in the world of hardware, Facebook is taking on deep - pocketed
competitors like Apple, Google and
upstarts such as Snap, in a cut - throat business defined
by thin profit margins and complex logistics.
With his theory of disruption Christensen offered a compelling explanation for how it was big company managers, equipped with the best education and aided
by the best consultants armed with the latest in best practices, fell prey again and again to
upstart competitors with seemingly inferior products; technologists took it as a manual.
Whenever there's a sea change in a given industry caused
by an
upstart,
competitor, or new way of doing business there are typically two ways the incumbents can play it: