Did e-readers kill Borders?February 18, 2011
It’s easy to blame e-readers and associated technological changes for Borders’ predicament, but they are merely the symptoms and not the disease.
When companies face the double whammy of game-changing technology and a sagging economy, they simply must have a sound strategy and consistent, capable, visionary leadership. Since 2005, however, Borders has had 4 different CEO’s. How could the company possibly develop or effectively execute a company-saving strategy while there was a revolving door at the entrance to the executive suite?