Home Pastors Articles for Pastors 9 Reasons Kodak, Blackberry, Yahoo, & Other Major Brands Fail

9 Reasons Kodak, Blackberry, Yahoo, & Other Major Brands Fail

6. Inbred Syndrome

Only hire from within and unwilling to bring outside folks with fresh eyes and fresh perspectives into the fold.

7. Reluctance to Take Risks

Playing it safe for a prolonged period of time can be detrimental.  Most brand success stories have many instances of taking risks.

8. Refuse to Surround Themselves with and Retain the Best

Letting key players leave without creating opportunities for them to stay.  Some of the best innovations from high profile brands come from key players that were acquired from another brand.

9. Unwillingness to Change

They simply want things to be the way that they used to be.

This could have been the #1 Reason Brands Fail – Unwilling to change, adapt, and stay ahead of the curve.  
Share your thoughts on why brands fail.  Add to the list.

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Scott Williams served as a key leader and Campus Pastor for LifeChurch.tv. He is the Chief Solutions Officer for Nxt Level Solutions, a consulting company he founded to help businesses, non-profits and individuals with both internal and external growth. Scott is speaker, strategist, consultant and developer of leaders. He is an avid blogger at BigIsTheNewSmall.com, and leverages Social Media to make a Kingdom impact. Scott is passionate about leadership development, organizational growth and diversity. He is the author of “Church Diversity – Sunday The Most Segregated Day Of The Week.” Scott is married, a father of two, and lives in Oklahoma City, OK.