Quote:
Originally Posted by mbpark
We went over what made Commodore succeed in detail (the engineering team there was all ex-C= engineers who designed the C= 64). We talked about how to properly finance companies, and how to determine the success or failure of a product. We also talked about how being an entrepreneur is serial, and how most ventures will fail. We also talked a lot about sensitivity testing and pivots.
|
Bigger Commodore story was why it failed. A famous bumper sticker read, "Will Rogers never met Jack Tramiel." Tramiel learned enough to realize electronics were replacing mechanical office equipment. So he did try to advance with the times. But he had two problems. One was an ongoing war with his primary investor Gould. The other was his finance dominated management style where only he could approve any expensive greater than $1000. Innovators could not be trusted.
Tramiel appears to demonstrate what happens with age. He became more entrenched; enhanced his micromanagement style. This resulted in Atari's downfall. A shame really since Atari's intent was to do something similar what PlayStation and Xbox are doing today. Those promises never happened.
What is sensitivity testing and pivots?
What or who does this course cite as the current innovators of our time? And why?