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The partnership of Mike Lazaridis and Jim Balsillie was instrumental in the trajectory of RIM. Their complementary skills and shared ambition led to the creation of the BlackBerry, a revolutionary product that solved the 'mobile e-mail riddle' for high-powered customers globally. Their partnership saw RIM's rise as a market leader in the smartphone industry. However, they also faced challenges such as competition from Apple and Google, scandals, and a protracted patent war, which eventually led to RIM's decline.
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As partners and co-CEOs of Research in Motion, Mike Lazaridis and Jim Balsillie together achieved much more than they could have individually. The success of their partnership was largely due to their complementary skills and talents and the ambition they shared for the company they led. After spending several of RIM's early years struggling to pay the bills and searching for customers, they knew they had encountered a big breakthrough when they entered into a service contract to help Canadian wireless carrier Rogers Cantel, Inc assemble a mobile network. Several failed product attempts later, the BlackBerry would come to life and solve the "mobile e-mail riddle" for high-powered customers the world over. The first of its kind, BlackBerry stood out in a sea of clunky two-way pagers and mobile contact and calendar devices. Lazaridis and Balsillie rode the wave of success for several years, until competitors like Apple and Google changed the game. Scandals, a protracted patent war, and s...
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The Kodak of smartphones, RIMs rise and fall, is an epic tale of how relationships, patents, lack of unity, and the wrong strategic plan led to the fa...
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