Discussion Post: Companies Failure
What company would you say has had a visible, public failure in Operations Management? How do you characterize and explain that failure?
In almost all cases of these business failures, the company fell down, underperformed, or neglected one or more of those 5 key areas. Built into a company's Operations Management (OM) System should be analytic data capture points that help the company do "the right things (effectiveness)." Many of these companies, like dinosaurs, failed to adapt to a changing business environment, new technologies and shifting market demand. Why didn't Blockbuster become the next Netflix? At some point, I think we will find in the companies history and OM failure--staying with a shrinking market and outmoded technology rather than adapting to change successfully.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.