Completely changing the business model in an industry is not an easy thing to do. On the other hand, it creates incredible rewards for the innovators. Netflix is a primary example of this. It basically put the Blockbusters of the world out of business in the late 1990’s as it introduced DVD’s by mail versus […]
Bob's Gutsy Leadership Blog
Archive for July, 2018
In what appears to be a slow-motion march toward bankruptcy, Barnes & Noble announced its recent quarterly earnings; a -5.3% revenue decline to $1.2 billion and a loss of $63.5 million. This situation reminds me very much of Kodak in the period from 1995-2010. It sat back and watched its stock price go from $90/share down to virtually nothing, as the era of digital cameras emerged.
After a couple of years of chaotic behavior on the part of the top management of Uber, it has a new CEO who is now working hard to clean things up and to set a direction for the company. His primary area of focus is understanding what the customer base thinks should be improved, and […]