Without vision, proceed at your own peril
Photo by David Beale on Unsplash By Deron Snyder -- "Where there is no vision, the people perish" Proverbs 29:18. Just like people, organizations are at risk of perishing when guidance and direction are insufficient. Picking out prime examples is easy, considering how hindsight is 20-20. But perhaps no company proves the point more convincingly than Blockbuster. By 1993, the video rental chain had more than 3,400 stores and was encouraging consumers to “make it a Blockbuster night.” But the leaders' FutureVision googles were faulty and led to failure in navigating an oncoming tidal wave that turned the company’s fortunes upside down. A June 1999 article in the Chicago Sun-Times asked readers to “imagine a Blockbuster night without Blockbuster, a time when no video store will ever slap you with a late fee or fine you for failing to rewind. Because in this world, there are no videos, only home computers.” In that world, Amazon ...