Sony, Kodak, Dell, HP, SAS, Panasonic, Microsoft……All great firms – or rather former great firms. Today they are all struggeling to adapt to quickly changing (disrupted) marketplaces.
I just came across this article laying out another great examples of how “great firms go bad”. Read Sayonara Sony: How Industrial, MBA-Style Leadership Killed a Once Great Company. Also recommended to check out the author’s, Adam Hartung’s, blog.
Researching a recent blogpost I came across Swedish researcher Christian Sandström . Dr. Sandström’s resarch focuses on disruptive innovations and how established firms can handle the challenges of disruptive challenges.
Now, plenty has been written on this subject – albeit few executives have a deep understanding of it – but what is unique about Dr. Sandström is his use of social media and sharing. Go to his Slidehare site, and you’ll find 107 presentations – most of them great quality. Some of them numbering more than 360 slides. His work here looks at the effects of disruptive innovation on the camera industry. With an incredible insight into Kodak, Polaroid and Hasselblad, students of innovation can gain great insight from studying these slides. More than that; using a highly visible presentation design, makes these extensive slidesets fly by. Well done.
You can follow his work here:
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.
We’ve covered the tortoise-like Norwegian book industry and the less than stellar bank industry in previous blog posts.
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.
Update: If you haven’t already read it, we recommend the following two pieces. Why Software is Eating the World and The Great Tech War of 2012.