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"Some very capable competitors won.
Seek out the most capable competitors as motivators.
To motivate organizational change, capable competitors and respected rivals can be a common enemy.
"But without them the company just doesn't appear to have the balance sheet and working capital to compete against far more capable competitors at a time when bricks-and-mortar retail is contracting at an unprecedented rate".
Although sticking with one mode may work in the short term, the long-term risk is that the company will end up doing the wrong things really well, lagging more broadly capable competitors, and, quite likely, becoming targets themselves.
"They have not found a format that can compete effectively against better capitalized and more capable competitors, whether it's Kohl's, J. C. Penney, J. Crew or Bed Bath & Beyond on the apparel and linens side, or whether its Lowe's or Best Buy on the appliance side," he said.
Similar(51)
The title has also had to fight for online multiplayer dominance with its close rival, Battlefield 3. Black Ops 2 doesn't have such a capable competitor this year – EA's Medal of Honor: Warfighter has come in for something of a critical mauling.
If you've been eager to try iTunes Radio, which really is a capable competitor to the best streaming radio services out there already, then this is your first chance, since it comes before iOS 7 hits.
But the sense that it may have missed out on early potential by being late to mobile definitely seems to have impacted the company's thinking around VR. Oculus' Rift looked for a while to be the only viable consumer VR handset on the horizon, but HTC and Valve teamed up on the HTV Vive and Steam VR, bringing a capable competitor to market with relative speed.
Charlie (in the blue above) showed himself to be most capable competitor, his reactions impressive as he rolled out of jabs and swung back with fast, teasing shots, obviously disorienting his opponent.
First taker backers will be able to snag the device for an extremely tasty price of $89, after which it will be sold for $119 — which is still pretty neat considering it undercuts some of Amiigo's less-capable competitor devices.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com