There was an article I read a while back that pointed out that the exact same thing happened with the American Auto industry before things started to go to crap.
I think that's common characteristics in downfall of large companies and nations. Once ambitious managerial types without a viable enthusiastic vision take over, it's a long, hopeless decline; when the innovative types are punished in order to preserve power status quo, it's over.
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Article misses the fact that managers rather than creators took over the electronics companies. Losing creativity meant losing an edge.
There was an article I read a while back that pointed out that the exact same thing happened with the American Auto industry before things started to go to crap.
Would you happen to have a link to that? That sounds like an interesting read.
Try The Reckoning by David Halberstam: http://www.amazon.com/The-Reckoning-David-Halberstam/dp/0688... .
I think that's common characteristics in downfall of large companies and nations. Once ambitious managerial types without a viable enthusiastic vision take over, it's a long, hopeless decline; when the innovative types are punished in order to preserve power status quo, it's over.
Is there an article somewhere which goes into more detail about this point?