Last Updated:2022/12/24
[…] successful companies are often risk averse and reluctant to go into uncharted white spaces that might require new strengths and whole new business models. […] What does it take to go after a white space, that is, a brand new business opportunity? It all depends on the nature of the opportunity and on the nature of the customers being served. It’s best explained by contrasting core, adjacent, and white space opportunities.
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[…]
successful
companies
are
often
risk
averse
and
reluctant
to
go
into
uncharted
white
spaces
that
might
require
new
strengths
and
whole
new
business
models.
[…]
What
does
it
take
to
go
after
a
white
space,
that
is,
a
brand
new
business
opportunity?
It
all
depends
on
the
nature
of
the
opportunity
and
on
the
nature
of
the
customers
being
served.
It’s
best
explained
by
contrasting
core,
adjacent,
and
white
space
opportunities.