If you don’t do it, your competitor will.
That was the message former Microsoft COO Bob Herbold delivered to professors, students and business leaders in Cleveland recently. Herbold spoke at the Case School of Engineering’s annual banquet, where he shared his insights on leadership, innovation and entrepreneurship.
Herbold shared two well-known stories of once-successful companies that failed to disrupt their own businesses and were essentially driven out of business by innovative competitors: Research in Motion vs. Apple/Samsung and Blockbuster vs. Netflix.
