{"id":28977,"date":"2012-05-02T15:26:56","date_gmt":"2012-05-02T19:26:56","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=28977"},"modified":"2012-05-03T09:09:28","modified_gmt":"2012-05-03T13:09:28","slug":"the-innovators-dilemna-strikes-again-another-solid-example-of-the-need-to-reinvent-ones-organization","status":"publish","type":"post","link":"https:\/\/danielschristian.com\/learning-ecosystems\/2012\/05\/02\/the-innovators-dilemna-strikes-again-another-solid-example-of-the-need-to-reinvent-ones-organization\/","title":{"rendered":"The &#8220;Innovator&#8217;s Dilemna&#8221; strikes again; another solid example of the need to reinvent one&#8217;s organization."},"content":{"rendered":"<p><a href=\"http:\/\/www.forbes.com\/sites\/adamhartung\/2012\/04\/20\/sayonara-sony-how-industrial-mba-style-leadership-killed-once-great-company\/\" target=\"_blank\"><strong>Sayonara Sony: How industrial, MBA-style leadership killed a once great company<\/strong><\/a> &#8212; from forbes.com by\u00a0Adam Hartung<\/p>\n<p><em>Excerpt:<\/em><\/p>\n<p style=\"padding-left: 30px;\">Who can forget what a great company <a href=\"http:\/\/www.forbes.com\/companies\/sony\/\">Sony<\/a> was, and the enormous impact it had on our lives?\u00a0 With its heritage, it is hard to believe that Sony <a href=\"http:\/\/seekingalpha.com\/article\/487721-wall-street-breakfast-sony-doubles-projected-net-loss?source=email_the_daily_dispatch&amp;ifp=0\" target=\"_self\">hasn\u2019t made a profit in 4 consecutive <strong><em>years<\/em><\/strong><\/a>, just recently announced it will double its expected <strong><em>loss<\/em><\/strong> for this year to <strong><em>$6.4 billion<\/em><\/strong>, has only 15% of its capital left as equity (debt\/equity ration of 5.67x) and is <em><strong>only worth 1\/4 of its value 10 years ago<\/strong><\/em>!<\/p>\n<p>&nbsp;<\/p>\n<p><strong><span style=\"color: #800000;\">From DSC:<\/span><\/strong><br \/>\n<span style=\"color: #800000;\">Blockbuster, Kodak, and now Sony &#8212; and I&#8217;m sure there are countless others who have moved in and out of prosperous times &#8212; but those three come instantly to my mind as more recent examples of <a href=\"http:\/\/www.amazon.com\/gp\/product\/0060521996?ie=UTF8&amp;tag=claytonchrist-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0060521996\" target=\"_blank\"><em><strong>The Innovator&#8217;s Dilemna<\/strong><\/em><\/a> &#8212; which strikes again!<\/span><\/p>\n<p><span style=\"color: #800000;\">It reminds me of a Steve Jobs&#8217; quote (and I&#8217;ll use the item found at <em><a href=\"http:\/\/yastrow.com\/nlarchive\/2011\/cannibalize-yourself-12-20-11.html\" target=\"_blank\">Yastrow.com<\/a><\/em>)<br \/>\n<\/span><\/p>\n<p style=\"padding-left: 30px;\"><span style=\"color: #800000;\"><em>One of Jobs&#8217; business rules was to never be afraid of cannibalizing yourself.<\/em><strong><em> &#8220;If you don&#8217;t cannibalize yourself, someone else will,&#8221; <\/em><\/strong><em>he said. So even though an iPhone might cannibalize the sales of an iPod, or an iPad might cannibalize the sales of a laptop, that did not deter him.<\/em><\/span> <em><\/em><\/p>\n<p>&nbsp;<\/p>\n<p><strong><em><span style=\"color: #800000;\">Addendum<\/span><\/em><\/strong><em><span style=\"color: #800000;\"> (with emphasis from DSC):<\/span><\/em><br \/>\n<span style=\"color: #800000;\">Another thought comes from Guy Kawasaki&#8217;s talk at TEDxHarkerSchool entitled, &#8220;<a href=\"http:\/\/www.youtube.com\/watch?feature=player_embedded&amp;v=edEs4sjlmJY\" target=\"_blank\">The 12 Lessons I Learned from Steve Jobs&#8221;<\/a><\/span><\/p>\n<ul>\n<li><span style=\"color: #800000;\"><strong>You need to jump to the next curve &#8212; don&#8217;t duke it out w\/ others on the current curve <\/strong><em>(DSC: Like from the book <\/em><a href=\"http:\/\/en.wikipedia.org\/wiki\/Jonathan_Livingston_Seagull\" target=\"_blank\">Jonathan Livingston Seagull<\/a>.<em>..don&#8217;t fight it out on the beach with the other seagulls. Instead, learn how to fly. &lt;&#8211; that&#8217;s been my prayer, LORD teach me how to fly.)<\/em><strong><br \/>\n<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\">Customers cannot tell you what they need\u00a0 &#8212; they can only describe things in terms of what they already have; bigger, faster, cheaper, status quo<\/span><\/li>\n<li><span style=\"color: #800000;\">Challenging your mind is a sign of intelligence\u00a0 <em>(DSC: Reinvent, staying relevant, be able to completely reverse a viewpoint, cannibalizing own business)<\/em><\/span><\/li>\n<li><span style=\"color: #800000;\">&#8220;Experts&#8221; are clueless<\/span><\/li>\n<li><span style=\"color: #800000;\">The biggest challenges beget the best work<\/span><\/li>\n<li><span style=\"color: #800000;\">Design counts<\/span><\/li>\n<li><span style=\"color: #800000;\">Use big graphics and big fonts<\/span><\/li>\n<li><span style=\"color: #800000;\">Value does not equal price<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sayonara Sony: How industrial, MBA-style leadership killed a once great company &#8212; from forbes.com by\u00a0Adam Hartung Excerpt: Who can forget what a great company Sony was, and the enormous impact it had on our lives?\u00a0 With its heritage, it is hard to believe that Sony hasn\u2019t made a profit in 4 consecutive years, just recently [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[387,86,112,159,72,3,436,310,212],"tags":[755,614,626,653,606,566,779,722,678],"class_list":["post-28977","post","type-post","status-publish","format-standard","hentry","category-business","category-change","category-corporate-business-world","category-dangers-of-the-status-quo","category-daniel-s-christian","category-higher-education","category-reinvent","category-staying-relevant","category-surviving","tag-business","tag-change","tag-corporate-business-world","tag-dangers-of-the-status-quo","tag-daniel-s-christian","tag-higher-education","tag-reinvent","tag-staying-relevant","tag-surviving"],"_links":{"self":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/28977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=28977"}],"version-history":[{"count":14,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/28977\/revisions"}],"predecessor-version":[{"id":29022,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/28977\/revisions\/29022"}],"wp:attachment":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=28977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=28977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=28977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}