Strategy & Innovation: The Way for Business Growth and to Stay

Businesses need human resources (human-first), capital to grow, of course. But beside those, strategy and innovation is the way to grow and stay.

Some examples of existing businesses:

• Google
• Strategy: Keep being the search engine with the most results and top relevancy.
• Innovation: Google creates new products now and then
• Windows
• Strategy: Be the OS with the most apps
• Innovation: Windows is changing with new features on every release
• Android
• Strategy: Be the OS for mobile with the most apps
• Innovation: Changing with new features
• Facebook
• Strategy: The social network focused on communing with friends
• Innovation: Features are still added in, but the fundamental concept of social is changing, people are not posting as often as before
• Steam
• Strategy: To have the most games
• Amazon
• Strategy: Have all kinds of products from everywhere
• Apple
• Strategy: Be something stylish
• Nvidia
• Strategy: Not much, but luckily hit the hype of digital coins & AI
• TSMC
• Strategy: With the most advanced chip technology

Rarely, but important, some guys with new concepts and successful

• PayPal
• New concept: Secure online payment

These guys started good but lacking innovation after

• Yahoo
• Strategy: Originally, all services for the web from the beginning era of Internet
• Innovation: No more after a few decades and the biz is now relying on existing users