Strategic Management: Surfing Is Not a Business Model
I was channel surfing (no pun intended) last weekend and ran across an old movie about a women's surfing competition. I watched for a while. Time and time again, young competitors would paddle their surfboards out into the ocean, sit straddled over the boards, and wait. They looked out over the ocean for what they hoped would be a good wave. Not just a good wave to ride, mind you, but a big, great wave to ride into shore. The better the wave, the more opportunity to score higher points for their surfing prowess. Sit - Wait - Hope; over and over. From [...]