Organizations that fail to innovate find themselves in a situation where they have to restructure themselves to stay afloat.
Organizations that fail to innovate find themselves in a situation where they have to restructure themselves to stay afloat.
Choose 1 of the companies listed below. Use the provided articles to support your understanding of the company’s situation.
Blockbuster
View Article(s)Circuit City
View Article(s)Toys R Us
View Article(s)
Based on your chosen company, discuss how reorganization of its business structure would or would not have helped them meet new market challenges. In your response, address the following:
- Specify at least 2 reasons why you think reorganizing was or was not necessary, and provide an explanation for each reason.
- Suggest 2 strategies you think could have improved the company’s efforts to meet current market challenges and remain sustainable.
