While Johnson & Johnson is buying up brands like Vogue International for $3.3 billion, adding more shampoo and physical assets to its consumer products, Facebook buys Giphy, a digital asset company, for $400 million, and Spotify soaks up The Joe Rogan Experience for $100 million. These companies seem to understand and accept their decline. households have at least two televisions. There is a TV in every household- stats show the majority of U.S. While their services are still needed, their value is no longer a luxury but a commodity. These companies had their heyday from the 1920s through the 1980s. Death can be graceful or go harshly.īig companies like Sears, United Technologies, General Motors and General Electric have slowed down. The great industrial conglomerates recently disbanded. Products-great products-will find their end. The end is inevitableĪs they have beginnings, so, too, must they find their endings. In the death spiral, the company grows beyond Man’s capacity to understand and the death spiral ensues. On the Slope of Enlightenment, Man meets the company half-way in harmony to make excellent progress. The death spiral is one of those gothic relationships with art where the art object overpowers Man. Other companies desperately try any attempt that might help save the company from failure, obsolescence, and death. But how do you stop an entire company from dying?įor some companies, they see the march towards death-the end of the company-and they eventually accept, selling or liquidating the company. For businesses and organizations, a product might be end of lifed easily, following a system or process. Both are part of the organizational death spiral. The second group are the people who follow the leadership of these companies. The first group are like the traditional media companies of today, hanging on desperately to stay afloat and necessary. This is more nihilistic, like the army ants blindly following the leader.
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