Axile Talout, MBA’s Post

View profile for Axile Talout, MBA, graphic

CFO | Growth facilitator | Business enthusiast

I was on a plane 🛫 spending 14 hours going from Dubai to Montreal. So I decided to watch the movie about "Research In Motion" (the rise and fall of a Canadian tech giant). 🔥 Hot Take: BlackBerry, once the undisputed king of the smartphone jungle, plummeted to near obscurity. What went wrong? 1️⃣ Innovation Amnesia: #BlackBerry led the smartphone revolution with email and BBM, but then... they hit snooze. Enter iPhone and Android, flipping the script with touchscreens and apps. BlackBerry? Stuck in a time warp. 2️⃣ Tone-Deaf to Trends: Consumers wanted cool apps and slick interfaces. BlackBerry missed the memo, clinging to their keyboard and email like a security blanket. The world moved on to Instagram and WhatsApp, but BB stayed in the boardroom. 3️⃣ Snail-Paced Response: When BB finally woke up and smelled the coffee, it was too late. The Z10? A case of too little, too late. The market had bolted, and BlackBerry was left tying its shoelaces. The funny thing is that it's not a unique case. This happens to so many companies in different industries. As a banker, I met so many entrepreneurs in love with their company, their products, and their ideas that they were blind to the rapid changes happening around them. 🧠 So what are the lessons entrepreneurs can get from this story? 💡 Adapt or Die: The market waits for no one. Today's innovation is tomorrow's antique. Keep evolving. 💡 Listen to the Street, Not Just the Suite: Your consumers are your best innovators. Ignore them at your peril. 💡 Speed is Your Friend: In tech, time isn't just money; it's everything. React fast, pivot faster. 🚀 BlackBerry’s story isn’t just a tale of tech. It's a lesson in business survival. #BusinessStrategy #Innovation #Adaptation #Entrepreneurship #TechTales

  • No alternative text description for this image
Noah Little

The only CSM coach who ACTUALLY IS A CSM (not retired) • I help underpaid and laid off CSM's get Customer Success Jobs WITHOUT networking via my F.I.R.E framework 🔥 • $9.6M in Salaries • 96 success stories 🎉 Proof 👇

2mo

Insightful lessons packaged in an engaging storytelling style Axile Talout, MBA

To view or add a comment, sign in

Explore topics