Exploring and Exploiting Your Way to Growth

HBR Blog Network / HBS Faculty

So far, 2012 has been another banner year for the ‘tyranny of success’ as once great companies slide ever closer to the abyss. Kodak’s bankruptcy, Nokia’s vanishing profits, and the continuing struggles of Blackberry maker Research In Motion to find an answer to the iPhone, show how rapidly heroes lose their edge. Each of these firms is struggling to respond to and lead disruption in their industries. Nokia and RIM have watched as Apple and Android have wiped away their leading position; each attempted to respond, but neither could execute. The question though is, why didn’t they move earlier? Why are companies often left flat-footed when competition strikes? Leer más “Exploring and Exploiting Your Way to Growth”