08-14-2023, 01:23 PM
All this reminds me of a story Guy Kawasaki used to tell about industry disruption. He used the illustration of ice.
In the early 20th Century, people who wanted ice had to harvest it from frozen ponds. Ice harvesting businesses transported more than 900 million tons of ice in 1900. People made money by harvesting the most ice. Then, in the 1930s, ice making factories began to appear. This meant that it was no longer lucrative to own ships, ports and so on in cold places. After all, it was easier to place a factory in a warm area and charge the customers that most wanted it. It also meant ice could be available any time of year. Using factories was cheaper and eventually rendered the ice harvesting industry obsolete. Then, in the 50s, in-home refrigerators became ubiquitous. Ice factories were obsolete. In each of these phases, the development "jumped the curve." The innovation didn't incrementally improve on the existing way of doing things, but made them irrelevant.
https://youtu.be/-quRcWKhU28
If Stanford athletics is going to thrive, it will need to disrupt the current method of using semiprofessional football as a funding source for other sports. It's got to render that model irrelevant.
Here are some modern day examples. https://stevesammartino.com/2013/06/17/w...mpetition/ of industries that became obsolete because something totally different rendered the competition that previously existed obsolete.
In the early 20th Century, people who wanted ice had to harvest it from frozen ponds. Ice harvesting businesses transported more than 900 million tons of ice in 1900. People made money by harvesting the most ice. Then, in the 1930s, ice making factories began to appear. This meant that it was no longer lucrative to own ships, ports and so on in cold places. After all, it was easier to place a factory in a warm area and charge the customers that most wanted it. It also meant ice could be available any time of year. Using factories was cheaper and eventually rendered the ice harvesting industry obsolete. Then, in the 50s, in-home refrigerators became ubiquitous. Ice factories were obsolete. In each of these phases, the development "jumped the curve." The innovation didn't incrementally improve on the existing way of doing things, but made them irrelevant.
https://youtu.be/-quRcWKhU28
If Stanford athletics is going to thrive, it will need to disrupt the current method of using semiprofessional football as a funding source for other sports. It's got to render that model irrelevant.
Here are some modern day examples. https://stevesammartino.com/2013/06/17/w...mpetition/ of industries that became obsolete because something totally different rendered the competition that previously existed obsolete.
