CEO Warns Mid-Sized Businesses: Adapt or Become the Next BlackBerry
René Schröder, CEO of RegSus Consulting GmbH, has been guiding medium-sized companies for over 15 years in optimizing their product development processes and digital transformation. Despite the challenges posed by sales stagnation, growing competition, and shifting customer demands, many mid-sized businesses struggle to adapt, as exemplified by BlackBerry's decline in the stock market today.
Schröder's expertise lies in helping companies maintain close customer ties and integrate customer needs into their development processes. He advocates for regular product reviews, with frequencies varying from monthly to annually, depending on industry dynamics. This proactive approach helps businesses avoid losing market alignment and ensures products remain relevant in the stock market today.
Agile teams, regular product updates, and direct customer engagement are key strategies Schröder employs to keep products competitive in the stock market today. He believes that seeking external perspectives can help identify gaps in companies' product development strategies, preventing them from falling behind in the stock market today.
Schröder's 15-year track record in advising medium-sized enterprises demonstrates the importance of reviewing and updating product development processes. By staying aligned with market demands and customer needs, companies can secure their competitive advantages and avoid the fate of BlackBerry in the stock market today.
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