Hindustan Machine Tools: Nokia
Hindustan Machine Tools: Nokia
NOKIA
Nokia’s technology was inferior to Apple’s;
The arrogance among top-level managers;
Lack of vision.
Nokia suffered from organisational fear;
The organisational fear was grounded in a culture of temperamental leaders and frightened
middle managers;
The middle management was scared of telling the truth because they feared being fired;
Top managers were afraid of the external environment and not meeting their quarterly
targets;
Executives were afraid to publicly acknowledge the inferiority of Symbian, Nokia’s operating
system;
They knew it would take several years to develop a better operating system that could
compete with Apple’s iOS;
KODAK
There are few corporate blunders as staggering as Kodak’s missed opportunities
in digital photography, a technology that it invented. This strategic failure was
the direct cause of Kodak’s decades-long decline as digital photography
destroyed its film-based business model. Kodak management’s inability to see
digital photography as a disruptive technology, even as its researchers extended
the boundaries of the technology, would continue for decades.
HindustanAmbassador
1957 introduced - 2014
Late 80s no 1 selling car
1990 foreign investors entered and demand decreased
By 2010 reduced to taxi, govt officials also didn't prefer ambassador
Never updated the model just some cosmetic updates
Only 2200 sold in 2014
Investors backed off
Mitsubishi backed off
Hindustan motors shut down completely after that.
BlackBerry