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Corporate failure




                           Long-term survival and the product

                           lifecycle




                                                           Maturity

                 Sales                      Growth




                                                                                Decline






                               Intro




                                                                                          Time

                         Risk at each stage:

                          New             Industry     Risk           Costs such as
                            product         size           decreases       decommissioning
                                            unknown
                          Revenue                                       Strategy not
                            low            Market                         recognised product
                                            share to                       will go into decline
                          Spending
                            high            gain
                                            unknown

                                           Spending
                                            high



                                    Future success dependent on understanding and responding
                                     to these risks.

                                    Different CSFs and KPIs will emerge at different stages















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