2. Kodak
The decline of the camera film and the development of technology caused Kodak to file for bankruptcy. They were once the biggest players in the field, making billions, but their competitors moved faster and adapted better to the market’s needs and requirements.
3. American Motors
The company started to slowly lose ground in front of its competitors in 1960. And eventually, in the ’80s, American Motors was bought by Chrysler due to the popular and successful overseas vehicle makers and the bad economy, which was affecting the sales.
5 thoughts on “6 Decisions That Destroyed Successful Companies”
You should add Verizon and Disney to the list of politically incorrect companies that will fall soon
This is a great article. It really proves honesty is the best policy. The common thread for these companies failing was greed .
You’re proof that what a fool believes they see. The author barely explained most of the things on this list… meanwhile I’m sure you’re a completely honest person who has never profited at someone else’s expense
Motorola and Kodak sniffed around a digital segment merger but neither “Legend in Their Own Mind” could make it happen. A tragic U.S. missed opportunity
Amazing how Disney’s pandering and the CEO of Wizards of the Coast ruining the company in less than three years somehow avoided your poorly written and explained list. Given how you’re actually foolish enough to believe Russian propaganda led to Trump’s 2016 victory it’s obvious why (you and your ilk also try to ignore the fact that our economy was strongest in decades under Trump and was absolutely ruined by Biden and Harris… which you trash seem to think was some kind of savior and cry because she lost the election despite a track record of incompetence)