The scientific uncertainty may be resolved. But, for new products to become mainstream, uncertainties about ecosystem and legitimizing institutions need to be resolved too. Can we scale the production & delivery process? Can we address social concerns? 1/
By the end of the incubation / pre-commercialization stage of many new products, uncertainties about viability of the scientific & technical idea is often resolved. That’s a major milestone, though just the first step 2/
For widespread customer adoption, social concerns about a new product need to be reduced. Let’s take penicillin, it was developed to save solidiers’ lives, yet, doctors hesitated to prescribe it in war zones. They needed assurances that it does not cause harm 3/
Scalable ecosystems are different from a simple duplication of a small scale production process. Often, we need process innovations that enable entire new production methods for the same product. Insulin was mass produced, only after a new purification method was found. 4/
Both penicillin and insulin were similar to COVID vaccines in their public health urgency + government support. Yet, they didn’t happen overnight. 5/
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You have 3 decisions: 1️⃣ what to include in pre-class digital content and what to keep for in-class?
Strategy classes rarely have lectures, so, where do you find material for 1-hr of digital content? Are there readings that you wished your students would read? Summarize them. 1/
Do you typically invite guest speakers? Interview them, interview three, break videos by topic.
A class with team presentations? Ask students to record their presentations, have others watch them.
Digital doesn’t mean video... use online simulations... discussion boards... 2/