In the glimpse of change, what have we become?
I’m not signifying the changing political climate with Russia and the United States. This is not a Gorky Park “winds of change” sweeping through Eastern Europe change question.
But what have we become as a company?
You left out EMC from formerly solid brands.
We've become a nameplate.
Just like the quality names of yore that are shells of themselves or a licensed brand like GE appliances
Polaroid
Braun
Vicks products
More AI mentions please
We make and sell low margin HW. That's who we are and who we have always been
One of the most common business phenomena is also one of the most perplexing: when successful companies face big changes in their environment, they often fail to respond effectively. Unable to defend themselves against competitors armed with new products, technologies, or strategies, they watch their sales and profits erode, their best people leave, and their stock valuations tumble. Some ultimately manage to recover—usually after painful rounds of downsizing and restructuring—but many don’t.
Why do good companies go bad? It’s often assumed that the problem is paralysis. Confronted with a disruption in business conditions, companies freeze; they’re caught like the proverbial deer in the headlights. But that explanation doesn’t fit the facts. In studying once-thriving companies that have struggled in the face of change, I’ve found little evidence of paralysis. Quite the contrary. The managers of besieged companies usually recognize the threat early, carefully analyze its implications for their business, and unleash a flurry of initiatives in response. For all the activity, though, the companies still falter.
The real question is do rigid leaders ki-l companies?
We are major AI company