Some sectors of technology change so fast it can be bewildering for people whose jobs and livelihoods depend on keeping up with new innovations and developments which can mean the difference between profit and loss, success and failure.
Traditionally, larger companies have been wary of the threat of smaller, more nimble and more flexible competitors launching more innovative products and services faster and at a lower price point and taking away their market share.
It doesn’t always happen, but it does sometimes. Corporate history is littered with many stories of successful companies which went from being the dominant market leader to being an also-ran, or worse. [Read more…] about Foundational insights: Exclusive interview with Deloitte’s manufacturing leader