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Olivier Burnouf's avatar

That's absolutely fascinating.

I've read several accounts of Kodak's demise and not one agree on the root causes but that's really the first time I've read an analysis of Blockbuster's failure that challenges the traditional "disruption" narrative.

There is a tendency to explain organisations' success with simple recipes (often tainted with halo effect). I wonder whether there is a similar tendency to explain failures with simplistic explanations (digital being the favourite one)

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Nils Davis's avatar

I'd love to see a similar analysis about Nokia. The standard narrative is that "they just weren't ready for the iPhone." But that seems far too simplistic, especially since they had very advanced smart phones at the time the iPhone came out, and a huge amount of technology to bring to bear.

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