Changes in industry dynamics, typically caused by technology, can lead to doomsday for established players. IBM, which dominated IT for decades, faced this in the 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 the 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.
Denne historien er fra December 28, 2024-utgaven av Financial Express Chennai.
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Denne historien er fra December 28, 2024-utgaven av Financial Express Chennai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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RBI Paves Way for Faster Resolution of Retail NPAs for ARCs
IN A RELIEF to asset reconstruction companies (ARCs), settling small-ticket bad loans of ₹1 crore or less will now be easier.
Uttarakhand govt clears UCC rules
Set to be rolled out after local body elections
IndusInd Bank CFO resigns, deputy CEO to take charge
INDUSIND BANK CHIEF financial officer Gobind Jain has resigned from his post to pursue other professional opportunities, the private lender said in an exchange filing on Monday.
Land rules, payment delays hurt manufacturing: CEA
TOUGH RULES FOR land use and large firms' reluctance to clear dues to micro, small and medium enterprises (MSMEs) in time are hurting India's manufacturing and exports, chief economic advisor V Anantha Nageswaran said on Monday.
IT firms see shift to shorter deal cycles
CHANGE REFLECTS RAPID TECHNOLOGICAL ADVANCEMENTS
Infy: Improvement in discretionary demand
Expects strong revenue growth of 5-7.9% in FY26
Facebook, X to Do More Against Hate Speech
META'S FACEBOOK, ELON MUSK'S X, Google's YouTube and other tech companies have agreed to do more to tackle online hate speech under an updated code of conduct that will now be integrated into EU tech rules, the European Commission said on Monday.
Groww Picks Banks for IPO at Up to $8-Billion Valuation
Seizing on the Momentum
Kotak Bank to Maintain Its Margins
Aided by a rate-cut cycle & led by growth in high-yielding assets
'Agentic framework will be the next big leap of AI'
Artificial Intelligence (AI) is rapidly transforming industries, unlocking new possibilities, and challenging traditional business models. Joe Atkinson, chief AI officer at PWC, shares his insights with Raghav Aggarwal on the future of AI applications, its transformative potential across sectors, and the shared responsibility of preparing the workforce for this shift. Excerpts:
