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It's really hard to recover from a downgrade in culture. I hear the same kinds of things about IBM. I'm pretty sure there are other examples.

The tough part is - it is sad.

Read about boeing and Tex Johnston:

https://en.wikipedia.org/wiki/Alvin_M._Johnston#Boeing_Compa...

and IBM invented the PC:

https://en.wikipedia.org/wiki/IBM_Personal_Computer



Other examples include Xerox and Kodak.

I also wonder if it has happened in the past, with a subsequent recovery, to some American car companies? GM pre-2008 perhaps?




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