In order to distinguish between sustainers and achievers, whether at an individual, group, or business level, it is crucial for those who can break free from past habits and are willing to put effort into forging new ones. This factor becomes significant in a constantly evolving world where innovation occurs within and outside our familiar
Digital camera sales have dropped 84% since 2010. Apple introduced the iPhone, the first smartphone during 2007. Over the years, separate cameras have become unnecessary, in particular modern smartphones come with multiple built in lenses. The very last camera market attempted to differentiate them away from the smartphone. For the camera market, the next big
Technology is one of the major macro environmental forces that shape mankind’s way of living and do business. Since entering into the computing era, following the internet and current digital economy era, regardless of sector and industry, you are shaped by it. Either you adapt to the technology trends or you are expected to get
Maintaining sustainable growth continues to be a top priority for every top management. For companies that remain in the single product and in such inertia and no more in the innovation, in the very risky position to get extinct from the market. Better product is to keep inventing and rolling into the market. The market
The world is moving, regardless of global recession. It is always time for a lot of industries and sectors to consider the balancing act for digital and physical channels. If the physical channels and the touch do not bring much more value, it makes sense to deliver via the digital channels. For example, maybe what
Every business that exists for long enough, passed round after round of the market change and challenges will know regardless of the market change, and maintaining sustainable and inclusive growth is one the area that matters most. For all the big giant empires that build and then fall, be it Kodak, Nokia or Yahoo, all
Future of banks may be different than what you thought. Since its invention and centuries of development, it has become one of the major sectors and industries of the world economy. From 1995 onward the world entered the digital economy and from the recent entire transit toward the fourth industrial revolution (4IR) industry 4.0. Beside
The World Economic Forum publishes a yearly Global Competitiveness Report (GCR), and uses it to rank countries based on the Global Competitiveness Index. It has a range of competitiveness, and the factor variable in consideration is different. Some countries compete based on their factor endowments, primarily unskilled labor and natural resources. Companies compete on the
If you observe the global news, beside the COVID-19 pandemic and related recovery and reset, Russia-Ukraine conflict, US-China trade war, then restructuring in the various form if you read in the theme, you will notice for the past 2 years alone, has most of the capital intensive business happen here and there. Whether restructuring by
Once upon a time, the camera industry kept compound growth, from analog to digital, but the growth stopped and started reversing since typical smartphones replaced point and shoot cameras, then pro consumer on the DSLR and mirrorless. The key lesson from the current smartphone users is to capture photo and video and then share it,
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