A quality read to maybe help you understand why companies need to adapt and re-invent themselves if they want to succeed in such a quickly evolving market.
Need to identify the new age and carve your own niche.
Here's the article:
http://www.economist.com/node/21542796
Here's the final paragraph which says it all:
"Unlike people, companies can in theory live for ever. But most die young, because the corporate world, unlike society at large, is a fight to the death. Fujifilm has mastered new tactics and survived. Film went from 60% of its profits in 2000 to basically nothing, yet it found new sources of revenue. Kodak, along with many a great company before it, appears simply to have run its course. After 132 years it is poised, like an old photo, to fade away."
FRESH
JMB Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held