Maturity curves are a well-known convention for understanding the life cycle of products, companies, and industries. These charts also reflect how organizations capitalize on an innovation from breakthrough to commoditization.
The transition from one phase to another often triggers a “rebrand” – the urge to reinvent one’s identity based on the shifting landscape. It’s important to know where you are on this curve, as each phase has identifiable themes.
Startups work to build brands on the perceived new opportunity. Companies in growth mode are all about alignment and standardization, while mature organizations fight commoditization by trying too hard to define how they are different. In a period of decline, the theme of reinvention rings true.