Comment by m463
2 years ago
It's really hard to recover from a downgrade in culture. I hear the same kinds of things about IBM. I'm pretty sure there are other examples.
The tough part is - it is sad.
Read about boeing and Tex Johnston:
https://en.wikipedia.org/wiki/Alvin_M._Johnston#Boeing_Compa...
and IBM invented the PC:
Other examples include Xerox and Kodak.
I also wonder if it has happened in the past, with a subsequent recovery, to some American car companies? GM pre-2008 perhaps?