IRIDIUM CASE STUDY We believe iridium has wizard study flaw in the merchandise of their global channelise surround system. iridium did not create a st cropgic tradeing picture at the beginning of the product development process. atomic number 77 started with a perceived problem by management and because developed a resolving. When Iridium first started the development of their satellite system, the problem whitethorn sop up been a valid. But the solution took long time to develop and the market was never resampled or reevaluated. In the meantime, technology and the consumer found other alternatives to their communication needs, in accompaniment stall phones. We believe that if Iridium had a market predilection quite of a product orientation focus, the high society may energize realized their solution needed to be retool or cut their losses. This problem was not found forbidden until later on 4.5 billion dollars were spent, causing the friendship to declare nonstarter nine months after launch. The system did not operate as marketed because all satellites were not deployed. In 1998, the Iridium phone was the size of it of a brick. At the same time cell phones were humans refined and were slightly larger than a current smartphone. If Iridiums focus was on the elite business traveler, they should control back taken a page from Tiffany & Co.s playbook.
They should spend a penny realized that the consumer wanted something more than a long phone, it would have to be elegantly designed and a swagger statement. The market size of the elit e business traveler that hindquarters cede! a $3000 phone is very limited, and once saturated, the result rate would be non-existent. Also, rivals were going to launch their products within months after Iridium, at a dramatically lower cost per hr and cheaper equipment costs. The company only focused on one shell of customer, the elite business traveler. They should have thought about what mixed bag of company they were; Iridium was a communications company. The company should have expand their...If you want to get a full essay, establish it on our website: OrderCustomPaper.com
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