Going or Already Gone
What will be gone in 2013? Watching American Airlines attack their employees rather than fix their obvious defective management problems puts AA on a list of companies headed for dissemenation. 30 years ago, once the best and innovative airlines. This company is so corrupt as to demand $billion give backs from company employees. And then secretly enriched management with $multi-million bonuses. That same management is again demanding the employees take more pay and benefit cuts.
The list may include Avon, salon.com, Suzuki, MetroPCS, and Talbots. Also on a list of going are RIM (Blackberry), Acme Markets, Erricson, Sony, and Nokia.
The fall of RIM is most stunning. Blackberry dominated the smart phone market. Due to insufficient innovation, RIM's demise has been spectaculor. During a three year period of insufficient innovation, sales increases from $3billion to $20billion. A benchmark for how spread sheets only report events long previous. How the spread sheets cannot report current conditions. And why the product - not profits - are the #1 objective to any company.
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