am reading a book 'Blue Ocean Strategy' (review coming in few days).....more I read more start believing the eternal truth that change is the only thing which is permanent in this world.....and those who realised and grabbed this have leaped ahead in leaps n bounds.....others have vanished.........
When thinking of some of the bubbles bursting.....
# Cable TV....wonderful business about a decade back.......now not much left in it due to dth coming in n cut throat competition
# Private banking.....bursted recently in USA.....going to burst in here too
# Retail.......what a boom couple of years back.......bubble bursted very soon
# Low cost airlines.......people enjoyed for half a decade.......now everything is high cost...
So only change seems to be permanent....please do share your examples here
