Organization That Failed to Innovate – Avoid Their Fate
ReadWriteStart
DECEMBER 20, 2022
Blockbuster is a classic example of how complacent management can lead to a business’s downfall. Ironically, the founder of Netflix, Reed Hastings, made an offer to Blockbuster to buy out Netflix for $50 million in 2000. As well, Yahoo didn’t care to build a robust search engine feature on its platform. Blockbuster.
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