HMV
Out of context: Reply #13
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- mikotondria30
It's kinda obvious to anyone on the outside how and why an enterprise like this went down - the bulk of their market stopped buying the things they sold in their shops, furthermore the industry related to those products took a nose dive and the only people generating revenue weren't ever going to step foot in the stores as they were then. What's not always, explicitly evident is the organization and structure of the company itself in terms of how ideas about itself and its customers and how to effectively navigate roadblocks and change and thrive. All we see is when it's too late and they've run aground, we don't see the meetings where people who can see the iceberg are shouting upstairs to the wheelhouse to turn the ship - alas too much momentum/inertia not enough leverage or stiffness within the company to make the curve, and it all comes crashing down on the beach like a rotten wooden whale trying to walk ashore.