When a company considers its strategy, it should look to develop innovative products that stand out and places the product ahead of the competition.
The WSJ published the October 2nd, 2012 article, “Google Climbs Market-Cap Ladder; Takes Reins as Third-Biggest U.S. Company,” stating that it is the “latest example of new tech surpassing old tech.” The “old tech” is Microsoft, only a 35 year old company. However, I see the same problem of market erosion for all types of companies, big or small, in many industries. Yesterday, I had lunch with a former CEO of a small technology California company that at one point supported memory wafer manufacturers from California to Texas. Since these factories moved to Asia in the last decade, he had to shut down his company’s operations.
Now that he is financially devastated, I asked, when you noted the cash flow drop, did it occur to you to look at a market segment parallel to yours for possible opportunities? Then I asked, did it occur to you to reassess…
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