Is it The Market or The Management?

Why did Motorola, Nokia, Research In Motion (blackberry), Compaq and Gateway fail … Why did Apple, Samsung and Lenovo not only did not fail, they actually flourished. Its not external market forces, its internal management.

Very few companies have a small degree of influence on the overall market they operate within but, no company has the ultimate power to push overall market conditions in its favour all the time. This should be the lighting guide for leaders to be quick on their feet, honest with themselves and willing to adopt to evolving market conditions. Getting stuck on the historical legacies is what got the companies mentioned in the previous post in trouble to put it mildly.