Book stores, banks, grocery stores, travel agents, clothing stores are all facing digital disruptions. Some cling on to out-dated business models (yes, we call them Dinosaurs), while others try to adapt.
This week Businessweek writes a brilliant piece on the demise of Borders. Once the world’s largest book retailer, now out of business. The story covers one company. But the lessons are valid for most firms struggling with digital disruptions. Most managers will learn from reading The End of Borders and the Future of Books.