Saturday, March 21, 2020

Staying on Top is a Constant Challenge

This is a brief post.  One common theme in my posts is the importance of innovation.  This article highlights just that.  

The article is about Spotify and how it was a disruptive technology.  Now, how does Spotify maintain its leading position?  Especially when new and well funded competitors are on the horizon. In addition, technology adaption is an underlying current in disruptive technology. 

Link to article:  https://fortune.com/longform/spotify-music-industry-profits-apple-amazon/

Thursday, March 5, 2020

Take Advantage of Opportunities

One of the frequent topics I write about is economic development agencies taking advantage of changes in a competitor's circumstances.  

This one is no different. It is an excellent Fortune article by Viviene Walt about Amsterdam's strategy, execution, and likely success in becoming the financial center of the European Union when the United Kingdom finally exits. 

A key point, Amsterdam built on existing advantages. The city was up against stiff competition that included Paris and Frankfurt. 

However, the effort to attract the European Medicines Agency (EMA) to Amsterdam is an excellent part of the story. As you read the article, you will see why attracting the EMA was so important and how Amsterdam executed the strategy. 

Link to article:  https://fortune.com/longform/brexit-amsterdam-the-new-london-europe-companies/