Ghosn could, of course, be wearing his best poker face, yet he opined that his competitors' failures boded bad news for the overall industry.
But others have traveled that road already — otherwise there wouldn't be a 'market' — so we tell our clients to not only learn from their competitors' failures but their successes, as well.
"Look what has happened to companies like Nokia, Motorola and BlackBerry, which didn't do as Samsung did," Mr. Song added, referring to competitors whose failures to adapt quickly to the smartphone boom driven by iPhones have drastically reduced their market shares.
We predicted that despite a record of impressive earnings gains and plump profit margins, the now $23 billion (1998 revenues) telecommunications giant faced a bumpy future because of a weak Asian economy, a new generation of competitors and its failure to embrace a key wireless technology, CDMA (code division multiple access).
They also say that Telmex has subjected its competitors to crippling failures of service.
And the authors acknowledge the strong feelings of Andrew S. Grove, the Intel chairman, that fear -- fear of the competitor, fear of failure -- is essential in fueling a passion for winning in the marketplace.
They write that the company's pipeline isn't as large as those of competitors, so any failures with late stage candidates, they say, could be really costly.
On-demand house cleaning service Homejoy is shutting down, after talks of an acquisition by its biggest competitor and a failure to raise enough money to keep things moving.
Touting strategic and market success when you're just experiencing your competitor's stumbling failure (yes, Sony, Nintendo – you are, I'm afraid, stumbling failures).
"The failure of competitors in the company's sector also made trade insurance more difficult to obtain and resulted in many suppliers reducing or even withdrawing credit terms.
