Faced with an eroding core business, most companies seem to do…nothing. In the media and entertainment industry, look at Blockbuster’s lackluster embrace of mail delivery and video streaming, newspapers’ mainly tepid moves into digital publishing, and television networks’ doubling-down on a small number of hot shows. A company in a turbulent industry often seems like a dairy farmer whose herd has been reduced to just one cow, whose only adaptation of his business plan is to milk that heifer extra-hard. The story cannot end happily.
Barnes & Noble’s Smart Strategy
Faced with an eroding core business, most companies seem to do…nothing. In the media and entertainment industry, look at Blockbuster’s lackluster embrace of mail delivery and video streaming, newspapers’ mainly tepid moves into digital publishing, and television networks’ doubling-down on a small number of hot shows. A company in a turbulent industry often seems like […]
June 29, 2011
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New!
HBR Learning
Strategy Planning and Execution Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Strategy Planning and Execution. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
How to develop a winning strategy—and put it to work.