More<\/a>]<\/p>\n<\/blockquote>\nI saw this while working at Immunex – a well-designed and well-run company with a culture of innovation can beat larger, more well-funded companies every time.<\/i><\/p>\n
Big Phama outspent us by a huge amount, and had many more people working on the same projects, yet we continued to get things done before them. Same with Apple.<\/i><\/p>\n
It is possible to grow quite large and still maintain this culture. It helps tremendously if the guys at the top are not sales or marketing types, who generally seem to have no clue about rapid innovation and efficient management design.<\/i><\/p>\n
Buying companies sucks away energy that could have been more efficiently used. It seems that MBAs think the mergers and acquisitions are the way to grow. Immunex did not think so and neither does Apple.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"
by NeoGaboX Apple’s Incredibly Efficient Growth [Via Daring Fireball] Steve Cheney analyzes Apple’s R&D expenditures and acquisition pace: Organic growth is the term coined for growing internally, not via merger or acquisition. Apple has embraced this strategy over its existence, averaging only about 1 acquisition per year during the past 25 years. In contrast — … Continue reading How an efficient company makes a ton of money<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[4],"tags":[11,13,33],"class_list":["post-649","post","type-post","status-publish","format-standard","hentry","category-web-20","tag-social-media","tag-technology","tag-web-20"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pe2yp-at","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":686,"url":"https:\/\/www.spreadingscience.com\/2011\/01\/01\/there-is-a-way-to-create-a-market-of-early-adopters\/","url_meta":{"origin":649,"position":0},"title":"There is a way to create a market of early adopters","date":"January 1, 2011","format":false,"excerpt":"by kevindooley Oregon must create a market of early adopters [Via Climate Solutions] One reason we created the New Energy Cities program at Climate Solutions was to elevate the conversation and focus on a small number of city and utility partnerships that are serious about the degree of innovation needed\u2026","rel":"","context":"In "Knowledge Creation"","img":{"alt_text":"","src":"https:\/\/amanwithaphd.files.wordpress.com\/2011\/01\/201101011659.jpg?w=350&h=200&crop=1","width":350,"height":200},"classes":[]},{"id":350,"url":"https:\/\/www.spreadingscience.com\/2008\/09\/01\/thoughts-for-discussion\/","url_meta":{"origin":649,"position":1},"title":"Thoughts for discussion","date":"September 1, 2008","format":false,"excerpt":"by 416style Beware of the Overload: [Via Enterprise 2.0 Blog] Information overload is a real problem as we develop new work processes to deal with it. 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FB core is as a communication platform. Need to leverage WOMA. low cost acquisition of client. Acquire customers easily. 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