A Lesson For Small Businesses from Big Auto's Disastrous Missteps
Fortune Small Business which is found on CNN Money has great articles on Small Business.
Jonathan Blum is their Tech Editor and he brought this story on how small business owners can learn from Detroit's Mistakes.
If I had my druthers, I'd rather learn from someone else's screw-ups than face another of my own bone-headed business blunders. So I was all eyes and ears here at the North American International Auto Show, which opened to the public over the weekend after several days of press previews and glitzy industry events. If ever there were a poster child for how a small business should not play the innovation game, it's here at this massive shrine to All Things Automotive. More
Be sure to see our list of Innovation Tools below.
"In the end, the take-away for small business is simple: If you play the innovation game they way these car guys do - talk too much, do too little, and be unprepared to incorporate the new developments around you - your prospects will diminish even as the technological capacity around you flourishes.
The good news is that few of us on Planet Small Biz have the auto industry's enormous infrastructure, thorny union relations, and cherished institutional legacies weighing us down.
The better news is that we can watch how a once-great American industry responds to inevitable change. And we can choose to do it better." More
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