Monday, January 23, 2012

Jim Balsillie and Mike Lazaridis RIM's CEOs Resigns

I do not know whether this news is true or not but according to sources, they have resigned. So another top shot executives resigns after successfully taking their company to top positions. Similar to Jerry Yang they too have executed their plans well but competition killing them. No doubt their services were unique and fresh when they first launched but gradually other companies followed them and created new advanced products. They remain stick to their products and features and did not enhanced them.

In today's business scenario, if you have created something new and fresh, you cannot guarantee its success for long time. You have to continuously look out for enhanced features. An start up can suddenly kill your company anytime. Therefore, in today's competitive world you always have to look out for new and advance features. I am not a management guru but this can be easily seen from the fall of the two great companies i.e. Yahoo and now Research in Motion (RIM).

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