There are a rising number of businesses that have had enviable success in the past but are nowhere to be seen now. Look around you- Facebook took over Orkut, phone cameras took over Kodak and blockbuster died as Netflix came along. These examples are all from unrelated businesses that have nothing but one thing in common- their failure to adapt to change and understand consumer needs. What does this mean for businesses in the times of disruptive economy and emerging technologies?
