Bottoming out: top firms of yesteryear now struggle
With the internet giving consumers more access to competitive products, some pioneering products are struggling to survive. Even in the corporate world, it's evolve or die, says Precious de Leon.
November 1, 2011 2:12 by Precious de Leon
…demise—one that most of us hope we’ll never have to see. It’ll be the end of a true era.
IT COULD HAPPEN TO YOU
How does this compare to the kind of concerns companies have in the UAE? The lesson here is innovation and staying relevant. Trading companies and distribution agents will need to stay relevant and offer competitive products and customer service. If not, consumers will always have the option to shop online or go to smaller start-up companies—new entries that will be eager to please.
Longevity of operation certainly doesn’t spell security. Beware: it could be the end of your era soon.
Pages: 1 2
More on Analysis
-
Dubai Labourers on ‘rare’ labour protest
-
Tumblr officially off the market
-
A major step for Turkey
-
Dusting off the Emirates ID card
-
Turkish Airlines Can Ride Out Turbulence
-
Air Berlin doesn’t need Etihad’s help
-
Turkey’s IMF emancipation deserves cautious cheer
-
Nokia charging back with full force
-
LinkedIn won’t tolerate ‘unlawful’ activities
-
Drake and Scull chief dismisses speculation
-
Kuwait could sign plane deal in May
-
Abu Dhabi’s new financial zone ‘complements Dubai’
-
TRA denies harsh ‘skype penalty’
-
For banks in cyber heist, how to get their money back?
-
Ending the year on a profitable note – nasair
-
Coca-Cola says no more ads for children
-
Akbar Al Baker – vigorously pursuing expansion plans
-
Kuwait ministers reach out to bloggers and journalists
-
Saudi to tackle fuel subsidies
-
Qatar Airways spreading its wings
