Why try so many new products to sell?

Canon makes wonderful copiers, and that is a fact.
Canon makes wonderful cameras and that is a fact.

But in the past decade, the experimentation with new products to resell is mind-boggling.

1) AMLOS
2) Wh-z vacuum cleaner
3) SupraITS - managed IT services
4) Vaio laptops
5) Some other VR solution
6) Baracuda
7) Fortra
8) few more
Why not focus on the core competency and not try to resell technology where there is no expertise? Or is the strategy to diversify and see what works?

I mean, would Te$la even consider selling tomatoes/fruits?
Would Appl3 resell fertilizer?
As a sales rep, I want to focus on copiers and achieving my monthly quota, and then we get presented with so many new things

#Accountability #BusinessDevelopment #Company #Culture #Sales

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The problem with Canon is that all of their new technological releases have failed!

@b9 S21

Can anyone say S21?

@ag “Canon is not good at walking away from failure“. This statement would apply to Google Workspace as well. When you have stubborn, narcissistic leaders, this is the end result. They will never admit they are wrong. They are lost. They are unfocused. There is no strategic gameplan. To use a sports analogy, it’s like when a team spends like drunken sailors in free agency only to not make it to the playoffs year after year. There’s no discipline, no patience to build through the draft or player development. Just make a big splash, and then expect a championship every year.

@a8 - true, Canon is not good at walking away from failures
It will spend more time/money to fix the failure, while not investing in existing successful products or solutions.

Personally, I don't think there's anything wrong with using our strengths to explore new technologies or business ventures. Our bigger challenge is knowing when to walk away. Too often, we continue investing in projects that everyone knows are unlikely to succeed simply because we've already invested so much time and resources. We need to make decisions based on future potential, not past investment.

Thread regarding Canon Inc. layoffs

Why try so many new products to sell?

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