Companies that changed their original idea

Good companies start by selling what people want. Great companies adapt to what people want and start selling what they’re going to want. They may change their products or services over a period of time.

 

IBM

Started with : Punch card tabulators, massive mainframe computers and calculators

Now what they do : Software, consulting services, IT services

3M

Started with : Mineral deposit for grinding-wheel abrasives.

Now what they do : Scotch tape, duct tape, Post-It notes, cleaning products

Apple

Started with : Personal computer

Now what they do :iPads, iPods, online music through iTunes, iPhones

 

General Electric

Started with : Electric inventions (Light bulb)

Now what they do : Gas engines, hybrid locomotives, HD CT scanners, ultra-sound devices, chemical sensors

 

Xerox

Started with : photographic paper

Now what they do : toner, ink, software, scanners, inkjet printers and copy machines

 

Nintendo

Started with : Playing cards

Now what they do : Wii, Gameboy and other gaming systems

 

LG

Started with : Hygiene and cosmetics products

Now what they do : Electronics

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Sukrut is a passionate geek, internet visionary and a full time blogger, he has been teaching MBA students from the past two years, he is a chemical engineer by qualification,. Read my full story here

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