19th
June
2007
How the mighty can fall?
It doesn’t take long for businesses who fail to deliver what customers want to suffer disastrous decline.
Remember when Japan was the world’s exemplar for business success? in 1994, Japan had 149 corporations listed in the Global 500 with $38 trillion in total sales. Then, sales plummeted to 82 corporations with $2.2 trillion in sales in 2004.
Failure to adapt to changing markets spells disastrous for firms and nations alike.
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