Three firms, each once dominant in their industry, are attempting to transform their operations and culture, and while it won’t be clear for a few years whether or not they will succeed, it is fascinating and instructive (and sometimes painful) to watch:
Microsoft, where a long-time, hard-charging number two has taken the reins from the man [...]
Today’s Wall Street Journal reported on consolidation in LCD manufacturing with the agreement of Innolux Display Corp. to buy Chi Mei Optoelectronics, both of Taiwan, in a $5.3 billion stock deal.
Innolux was founded six years ago by Terry Gou, who also founded and is chairman of Hon Hai Precision Industry, the world’s largest ( by [...]
Verizon Wireless confirmed that they’re going to stop selling their “Hub” home phone product.
When the Hub was launched nine months ago, their press release claimed . . .
Only Verizon Wireless can launch a new touch screen home phone system designed to replace old-style home phones with a souped-up home communications system, bridging wireline and wireless [...]
A recent survey (link to slides) sponsored by PowerReviews, a company that provides a product review service, is another reminder of the disconnect between companies and their customers.
The surprising finding, as shown in the first chart below: Not the importance of reviews or the popularity of social media–Facebook, Twitter, and the like–but the very low [...]
A good friend of mine, legendary retail entrepreneur Gary Hoover . . .
. . . read some of Buying in a Post-Store World and sent a note that included this question:
Lee, would you consider yourself a shopper or not? Do you like stores, hate stores, etc?
I love finding a great store, but there are so [...]