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A. There is nothing wrong with being a fast follower.
But will it be a fast follower or more delayed?
Dell is known as a "fast follower" in the industry.
But the world is moving in a very different direction, and Ford isn’t content to play fast follower.
A new fast follower would start small and have to grow for several months to reach 1 million subscribers.
This may surprise you, but the concept of "leading from behind" or being a "fast follower" has been around for quite some time.
Many pundits began to argue that being a fast follower was a better strategy than trying to be the leader.
In fact, there are a lot of advantages to being a fast follower versus the bleeding edge.
They also get the "fast follower's" advantage in only parasitising winning products.
"Most energy companies are fast followers rather than initiators.
Building societies have always adopted the position of being a fast follower of the banks.
“We know we have the right technology but on the business model we are a fast follower,” is how he puts it.
"If somebody else unlocks the key to the vault before we do, we will be fast followers."
They have enormous resources, and they are very well known for being a fast follower," says Nguyen. "
China has also been called a "fast follower" - swallowing others' advances, quickly catching up but never leading.
In the end, the distinction between first mover and fast follower hides more than it reveals.
Samsung is widely known as one of the fastest followers in the fickle electronics industry.
But he said he soon found that Microsoft was more a "fast follower" than an innovator.
We estimate the current market potential is about 7 per cent, but expect this to rise as technology gets cheaper and major players become fast followers.
Collaboration will be the key to pushing frontiers forward with individual choice of where to be a fast follower.
When it comes to autonomous cars, we have to be the first, we cannot be a fast follower.
I think from ConocoPhillips' perspective, we've taken the position that we, on nuclear, would be a fast follower,' the executive told the group.
Second-mover firms are sometimes called "fast followers".
It would also be a game-changer for Samsung, which has built its reputation as a 'fast follower' of others' technologies and designs.
Before that he was chief executive of National Semiconductor where he promoted a "fast follower" strategy.
