Content writerย โขย 1y
Hey everyone! Day 6 of knowing about companies that failed in the indian (global) market. Ever wondered how a company, once a dominant force in the industry, can crumble just by refusing to adapt to change? NOKIA was once the undisputed leader in the mobile phone industry, but its journey has been a rollercoaster ride. The company's fortunes took a nosedive when it failed to keep up with the industry's rapid developments. I.e shift from keypad phones to touchscreens, Nokia's reluctance to embrace this change cost them dearly. They missed several opportunities, and helping others to acquire the spotlight! Nokia's story serves as a powerful lesson. By resisting change, they lost their kingdom, ultimately falling victim to their own rigidity, cocky leadership, lack of vision in the smartphone industry, and outdated technology. It's a cautionary tale that highlights the importance of embracing innovation and being open to change in the ever-evolving business landscape.
Hey I am on Medialย โขย 10m
German Ministry of the Environment: Harmful gas emissions in 2023 decreased by 20%. Germany is a global leader in climate protection. ๐ German Chemical Industry Association: The chemical industry in 2023 declined by 20%. It's unlikely to ever retu
See MoreWork and keep learni...ย โขย 1y
Business Incidents BlackBerry a pioneer in the smartphone industry. Despite initially dominating the market with its secure email and messaging services, BlackBerry failed to innovate and adapt to the rapidly changing smartphone landscape. The compa
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