Dr. Punang Amaripuja, S.E.,S.T.,M.IT
Famous Incorrect Predictions
"The horse is here to stay, but the automobile is only a novelty-a fad" The president of the Michigan Savings Bank advising Henry Ford's lawyer, Horace Rackham, not to invest in the Ford Motor Co.,1903
"The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?" Response of Associates of David Sarnoff, when invited to invest in radio.Â
"I think there is market for about five computers"
Thomas Watson, Sr. Founder of IBM, 1943
Sustaning Innovation:
1. Problem is well understood
2. Existing market
3. Customer is believeble
4. Market is predictable
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