by Tim Delaney | Feb 2, 2015
On January 8 Tesco announced more details of its plan to improve its competitive position in the UK, revive its profitability, and bolster its finances. It’s going to cut prices on popular brands, trim £250 million in operating costs, limit capital spending, stop the...
by Tim Delaney | Jan 24, 2015
Last December 28 AirAsia Flight 8501 left Surabaya in Indonesia bound for Singapore with 162 passengers and crew on board. An hour from takeoff the plane disappeared from radar, and five days later searchers found the wreck in the Java Sea. There were no survivors....
by Tim Delaney | Jan 5, 2015
Tesco, Britain’s largest grocer, has been having a hard time lately. Last September it had to admit to overstating its net profits by £250 million. Then in October it announced a 4.4% drop in mid-year sales, a 91.9% drop in net profit, and an increase in the profit...
by Tim Delaney | Jan 26, 2014
In our previous post, we talked about how Kodak fell to competition from digital photography and promised to explain why in our next. This post is about why Kodak failed. It’s because of what we call “the incumbent’s dilemma,” which this...
by Tim Delaney | Jan 6, 2014
Kodak dominated mass-market consumer photography for over a century. But it failed to meet the challenge from digital photography and went bankrupt a year ago. How could a company as strong as Kodak fail so badly? This post explains what happened to Kodak. In our next...
