Failed innovation
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Organizations that fail to innovate find themselves in a situation where they have to restructure themselves to stay afloat.
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Order Paper NowChoose 1 of the companies listed below. Use the provided articles to support your understanding of the company’s situation.
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| Blockbuster View Article(s) |
Circuit City View Article(s) |
Toys R Us View Article(s) |
Based on your chosen company, discuss how reorganization of its business structure would or would not have helped them meet new market challenges. In your response, address the following:
- Specify at least 2 reasons why you think reorganizing was or was not necessary, and provide an explanation for each reason.
- Suggest 2 strategies you think could have improved the company’s efforts to meet current market challenges and remain sustainable.
