The Journey of Sony: A Look at the Key Factors and Leaders

Sony's journey to success was long and required the involvement of key actors. Hamilton and Chen discuss the most common power types in today's technology-driven world: scale economies, network economies, and switching costs. These power types are often present in early stage companies. Counter positioning is also a common strategy against incumbents. Other power types, like Process Power or Brand Power, emerge in the later stages of a business. For now, let's focus on the three most common power types: scale, network, and switching costs.

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