McDonald’s strategy was built on a 1960s trend for speed and consistency in food.
This week Oracle missed earnings estimates, and the stock fell some 14%, from $30 to under $26. For the year, Oracle is down about a third, from it’s high of $37.
Kodak watched the market for amateur photography shrink for 30 years – drying up profits for film and paper.
The last week 3 big announcements showed just how damning the "strategy" of building on historical momentum can be.
The age of manufacturing was based upon the productivity of machines and the application of industrial processes to what formerly was hand labor
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