William H. Davidson argues that successful transformation produces spectacular results, but the process can be prolonged and painful. Transformation occurs over a period of years in even the most agile and nimble organization.
Research and Insights Archive
Research and Insights from the Center for Effective Organizations
William H. Davidson discusses the industrialization of the economy which spanned more than one and one-half centuries. During this period, industrial technologies and concepts, such as product standardization and mass production, permeated virtually all sectors of economic activity.
Prevailing technology conditions in an industry are predicted to influence aspects of industry structure and conduct, and corporate organization and management.This article by William Davidson focuses on three variables to measure industry-specific technology conditions: average development cost, development cycle, and life cycle for major new technologies.