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Michelin’s PAX Run-Flat tire was a big-bet innovation, intended to overturn the industry in the same way that their introduction of steel-belted radial tires did nearly 60 years ago. What went wrong?
A taxonomy of new web-based business models shows how healthy profits can be made even when aspects of an offering are available for free.
One of the most difficult — but essential — decisions to make in today’s hypercompetitive markets are those that involve shutting things down.
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