Image via CrunchBase

The end of the year brings with it reflection and 2011 was certainly a big year in business innovation. From the passing of Steve Jobs, who was in his own right business innovation incarnate, to the video game industry slaying Hollywood; 2011 made an impact and we’ll feel its effect going into 2012. This year will provide new business innovation but just as last year was influenced by 2010 so shall the rippling effects of progression be felt in eternity. Let’s look back at 2011 for some of the top business innovation movements and the skill sets that surfaced.

Image via CrunchBase

Blackberry would do best to forget the year that 2011 was. Only if it could manage to re-write history and re-define new rules to come off its own inertia would that be made possible. For a technology giant that boasted of 'Corporate Communication' and total control of the business mobility, 2011 was a year full of hard facts and reckoning that would nimble Blackberry fans. Let us review the major points of interest that marked a turbulent year for Blackberry's owner -Research in Motion.

Erosion of market capitalization - For a start, we know that the parent company of Blackberry, Research in Motion is a publically listed and traded firm. And, the last few years have seen an erosion of RIM's market capitalization as if investors have decided to shun the product and the brand associated with RIM. How else could anyone explain a decline of RIM's share price from the levels of $150 to $15 as of December, 2011? This is a 90% decline in its share value and a complete decimation of investors' faith in the ability of the company to cut a new corner.