AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
How Big Steel in the U.S. fell
Planet Money
Innovating Through Industry Transformation
The decline of a once-powerful industry sparked a revolutionary transformation plan. This shift highlights key lessons on innovation, technology, and the potential of underdogs. The traditional steel-making process for a century entailed using limestone, iron, and coal in a massive open hearth furnace, indicating a stagnant approach. The message emphasizes how disruption and innovation can enhance industries by showcasing the evolution in banking services pioneered by Capital One and Discover, underlining the importance of reimagining traditional practices and embracing change for growth and success.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode