Remove 2004 Remove 2011 Remove Business Model Remove Career
article thumbnail

How to Pull Your Company Out of a Tailspin

Harvard Business Review

Free fall is a crisis of obsolescence and decline that can happen at any point in a company’s life cycle, but most often it affects maturing incumbents whose business model has come under competitive attack from insurgents or is no longer viable in a changing market. By 1993 the company had $1.3 billion in revenue.

article thumbnail

What Apple Should Do with Its Massive Piles of Money

Harvard Business Review

There is mounting evidence that buybacks bear substantial blame for the extreme concentration of income at the very top and the disappearance of middle-class jobs in the United States over the past quarter century — a topic I discussed in a recent Harvard Business Review article. From 1986 through 1993, during the Sculley era, Apple spent $1.8