Irrelevancy Leads to Failure – Worry for Yahoo, Microsoft, HP, Sears, etc.
The web lit up yesterday with people sharing a Fortune quote from Marissa Mayer, CEO of Yahoo, “We are literally moving the company from BlackBerrys to smartphones.”
Why was this a big deal? Because, in these few words, Ms. Mayer pointed out that Research In Motion is no longer relevant. The company may have created the smartphone market, but now its products are so irrelevant that it isn’t even considered a market participant. more