Further to my last post, this article summarizes how large companies can make big mistakes. Lots of lessons to be learned here. Enjoy this article about the downfall of Research in Motion. I suggest you evaluate your company to see if you are living any of these pitfalls.
http://m.entrepreneur.com/blog/223910
Neil
Showing posts with label Apple. Show all posts
Showing posts with label Apple. Show all posts
Monday, July 2, 2012
Naysayers sholud never deter innovation
This is a great article about how people try to put down success before it happens. Yet, in speaking to several consumers at the time, it was amazing to hear how impressed they were with the iPhone when it first hit the market. It truly redefined the industry. Companies like Research in Motion (makers of The Blackberry) was probably a naysayer to the iPhone as well. Their arrogant attitude that they owned the market has cost the company dearly - likely the end of the company.
Some morals from this story:
Neil
Some morals from this story:
- Never be detered from introducing new ideas. Perserverance is a key to success.
- Never become complacent thinking that your product or service is the best and will never be improved upon. Continual innovation is the key to success.
Neil
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