Comment by pbronez
1 year ago
Yes, but it takes strong leadership. Service and Product companies have important structural differences in many areas, including finance, culture, technology infrastructure, and project management. I’ve seen many companies start on one side, try to add the other, and fail hard.
I'm convinced it can only happen if the company is laser-focused, or really small.
I also believe resource constraints create innovation, which these companies are particularly poised to do.