Stories by David Sanderson and Chris Zook

The Problem With Purity

For a while there, denizens of Silicon Valley spent a lot of time snickering about how traditional brick-and-mortar companies didn't get the Net. But managers of established businesses who feel overmatched and outmaneuvered by the dot-coms should take heart: They still have huge advantages. And these are going to be more of a factor than many had expected.