Which of the four traps (listed below) facing established firms do you see as th

Question

Which of the four traps (listed below) facing established firms do you see as the most prevalent and why?

The delayed participation -"watch and wait" theory. Carefully weigh the value of the project before jumping in

Sticking with the familiar -dislike of ambiguity and risk averse. If this system works, why change and go down a winding path of uncertainty

Reluctance to fully commit - resistance from channel partners, projected low returns from an emerging technology

Lack of Persistence - High levels in the company might not recognize the benefit and cut the venture. Emerging tech is known for its failure rates - an easy target when money is needed

Explanation / Answer

Sticking with the familiar -dislike of ambiguity and risk averse. If this system works, why change and go down a winding path of uncertainty

I believe that this is the most prevalent trap that organizations tend to practice and this actually restrict the innivation and creativity aspect of an organization.

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