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It is if you don't want to wind up like IBM, i.e. - a company that could have been so much more, knew it had to change at the leadership level, and yet still co
by trilobyte 4y ago
It is if you don't want to wind up like IBM, i.e. - a company that could have been so much more, knew it had to change at the leadership level, and yet still couldn't get out of their own way. Apple's renaissance came because they started releasing innovative products and cannibalizing their own business.
Disrupt yourself before someone else does.
- midoridensha 4y agoMost large companies would just destroy themselves if they tried this. IBM is still there, decades later. Why is it not good enough to just continue to exist and generate profits, even if you aren't the highest-market-cap company on the planet?
- trilobyte 4y agoBecause once a company becomes publicly traded, that's not what the expectations are.
- midoridensha 4y agoDecades ago, it used to good and normal for big companies to simply stay the same size, make a steady profit, and return dividends to their shareholders. That's how you get a stable society, not with constant boom-bust cycles.