I was reading HBR's old article on resilence and I was suprised at how rarely big companies are able to read trends and exploit them to their advantage. To summarise, any company that intends to continue being a market leader must:
1. become entirely free of denial,nostalgia, and arrogance. It must be deeply conscious of what's changing and perpetually willing to consider how those changes are likely to affect
its current success.
2.Have the ability to create a plethora of new options as compelling alternatives to dying strategies.
3. be able to divert resources from yesterday's products and programs to tomorrow's. This means building an ability to support a broad portfolio of breakout experiments with the necessary capital and talent.
4.Seek renewal i.e. Renewal becomes continuous and opportunity-driven, rather than episodic and crisis-driven, companies will need to embrace a creed that extends beyond operational excellence and flawless execution.
Additionally an organization needs to identify any new disruptive innovation. (Apples Ipad is increasing eating into the lap top markets thus affeccting Microsoft software business)
Itari muting'oe ihuragwo ngi ni Ngai