CHANGES IN industry dynamics, typically caused by technology, can lead to doomsday for established players. IBM, which dominated IT for decades, faced it in early 1990s. It took an outsider, Louis Gerstner Jr, to save the company. But photography giant Eastman Kodak wasn't able to manage a turnaround, and went bankrupt in 2013.
The global auto industry is now facing structural changes with EVs. An ICE vehicle has hundreds of moving parts, so the auto industry's supply chain is vast. Managing this network of thousands became a major entry barrier for new players. By 1980s, all major players had a significant presence in the three major markets of North America, Western Europe, and Japan, preventing the entry of newer players.
Esta historia es de la edición December 28, 2024 de Financial Express Chandigarh.
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Esta historia es de la edición December 28, 2024 de Financial Express Chandigarh.
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India Leads in Disaster Management, Says Shah
BACKED BY RESILIENT infrastructure in the area of disaster management, India has emerged as a global leader in the sector by adopting a 'zero casualty' goal during calamities, Union home minister Amit Shah said on Sunday.
Modi hails makers of Constitution, lauds EC for impartial polls
ADDRESSING THIS YEAR'S first edition of his monthly broadcast, Mann Ki Baat, Prime Minister Narendra Modi paid tribute to the makers of the Constitution-B R Ambedkar, Rajendra Prasad and Shyama Prasad Mukherjee, who participated in the Constituent Assembly debates.
Diplomacy Just As Vital As Expertise To Run Restaurant
I have two pieces of pat advice for anyone rash enough to approach me for counsel. First, never speak to the press. Second, don't open a restaurant.
A bigger playing field
● The male consumer has evolved, so it's time for Smart and Handsome to flex
Mkt volatility may force life insurers to rethink ULIP plans
A PROLONGED VOLATILITY in the stock markets could dampen the investor appetite for unit linked insurance plans (ULIPs), prompting life insurers to shift the focus towards guaranteed income and pure protection plans like term insurance, industry experts said.
Bank of Japan set to raise interest rates
BANK OF JAPAN governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a hike — and barring a market shock triggered by Donald Trump's first few days in the White House.
A handy tool for home security
It captures clear video footage up to 20 metres
We are living in a 24x7 economy
A FEW DAYS AGO, L&T chairman SN Subrahmanyan's comments on the 90-hour work week, and \"how long can you stare at your wife\", followed by company's HR head Sonica Muraleedharan's subsequent clarificatory statement, have sparked widespread public debate.
Skilling shouldn't be on a budget
● Focus on women, migrant workers, infrastructure
LTIMindtree hopeful of sustaining growth momentum going ahead
FY26 TO OUTPERFORM FY25, SAYS MD & CEO
