Quote:
Originally Posted by LagunaSecaBlue
The flip side of that is having a great product and doing no further innovation/r&d...and then watch the competition pass you by...let's not forget a little company called RIM (Blackberry). Had the world by the nuts in June of 2007 and then Jobs comes in and drops the iPhone. BAM! The beginning of the end...how many of you have a Blackberry in your pocket right now? Companies need to stay innovative/competitive or they risk losing share. The smart companies do this and stay efficient in the process (i.e. fewer engine platforms across similar models - hint, hint). Is every new product a raging success? Of course not. But better to try than to sit back and do nothing at all...for that is the easiest way to lose your customer to your competitors.
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Sobering business stories of the rise and fall of Kodak, Nokia, Blackberry: see also
http://f87.bimmerpost.com/forums/sho...7#post20711327