A successful company that wants to remain on its prosperous path needs to reinvent itself from time to time. Like with any other thing in life, it doesn’t stay forever. The positive approach, in this case, is that the regeneration of a company could be the best thing to do at some point.
No matter how hard we try to succeed and keep on going, times change and we have to always remain a step ahead. Otherwise, it might sink because of various reasons: a drop in stock price, a decrease in revenue or bankruptcy.
We gathered 11 examples of companies that took a leap of faith and reinvented themselves, and it turned out great for them.