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E19: The Demise of Blockbuster and Kodak
Manage episode 366041224 series 3447164
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What happens when an organization decides not to change and keeps the status quo? It is easy to look back on the history of organizations or products that have come and gone. The main trend we see is….if you don’t improve or change, you most likely will be forgotten.
There are many complicated reasons why some organization's fail and so there is one single reason why some organizations continue to be successful while others go by the wayside.
However, when we think back on organizations that have failed, we might take a lower-thought approach and think, why were they so stupid? Why did they not just change? Again, it is more complicated than that.
Let's explore companies like Blockbuster, Kodak, Blackberry phones, Sears and Robuck, and Kimberly-Clark.
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