What do IBM, Ford, DuPont and Sony have in common? They all passed on great opportunities that later made millions or billions for others. This short article from Inc Sometimes opportunity knocks but nobody answers, is a sobering read for any executive looking at new products or services.
It’s worth noting that these companies were wildly successful when they made these mistakes. As the late Vistage speaker Pat Murray (one of our best on leadership and group dynamics) warned “The second worst thing that can happen to a company is success.”
