Surviving a structural decline

Kodak, Polaroid, Sanity, HMV, and Borders are all business that have failed due to structural declines in their respective industries. And there are plenty more. But what of the successes? HMV London RIP. Source: Wikipedia. After racking our brains for examples we came up blank. We couldn’t come up with one business that, when faced with a structural decline, tackled the risk head on and transformed its business. But there has to be one. So we’re calling on the collective wisdom of fellow Doddsvillagers: do you know of any? And how'd they do it? Oh, conglomerates don’t count – they...

Kodak, Polaroid, Sanity, HMV, and Borders are all business that have failed due to structural declines in their respective industries. And there are plenty more.

But what of the successes?

HMV London RIP. Source: Wikipedia. HMV London RIP. Source: Wikipedia.

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