It’s possible you may have already forgot who Blackberry was. Remember the phone giant after Nokia, but before the iPhone, Samsung Galaxy, etc.
Anywho, they’ve experienced quite a downfall. These are some lessons you can learn from their fall:
- Don’t coast on past accomplishments. That is, keep improving.
- Have 1 leader, not 2.
- Be careful how quickly you change your personnel.
- Leaders must have foresight, as well as hindsight.
- Don’t rush to ship. Make it perfect first, then ship it.
- Play to your strengths.
- Know your competitor.