The Trump Presidency Message Board

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Politics : The Trump Presidency

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To: zzpat who wrote (33495)	9/7/2017 1:19:30 PM
From: i-node	Read Replies (2) of 362592

>> I don't know if you knew the company Blockbuster, but it soared for many years and then collapsed. The collapse was extraordinarily fast. By the time they realized they had a problem there wasn't enough cash left to do anything about it (streaming etc.). Netflix took their market and Dish bought their assets. I knew Blockbuster extremely well since I knew some of the people who were there early. They were much like Penn Central and Kodak: They didn't understand what business they were in. It was mismanagement that killed them as much as anything, and this failure will make a first-rate business policy case in MBA school. Probably already has. Innovation today is a short-term affair. Success is not about the technology, it is about mind-share, and the mind-share is what is quickly scooped up by some other business, sadly.

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