So far, 2012 has been another banner year for the ‘tyranny of success’ as once great companies slide ever closer to the abyss. Kodak’s bankruptcy, Nokia’s vanishing profits, and the continuing struggles of Blackberry maker Research In Motion to find an answer to the iPhone, show how rapidly heroes lose their edge. Each of these firms is struggling to respond to and lead disruption in their industries. Nokia and RIM have watched as Apple and Android have wiped away their leading position; each attempted to respond, but neither could execute. The question though is, why didn’t they move earlier? Why are companies often left flat-footed when competition strikes?
Exploring and Exploiting Your Way to Growth
So far, 2012 has been another banner year for the ‘tyranny of success’ as once great companies slide ever closer to the abyss. Kodak’s bankruptcy, Nokia’s vanishing profits, and the continuing struggles of Blackberry maker Research In Motion to find an answer to the iPhone, show how rapidly heroes lose their edge. Each of these […]
July 19, 2012
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New!
HBR Learning
Innovation and Creativity Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Innovation and Creativity. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Unlock your team's curiosity and willingness to take smart risks.