In 1998, high-riding computer maker Digital Equipment met its demise after being acquired by Compaq Computer.
Most industry watchers pinned Digital’s “failure” to survive squarely on its CEO, Robert Palmer, but in another part of Massachusetts, a Harvard
professor had other ideas.
Harvard Business School professor Clayton Christensen observed that Digital’s fall wasn’t due to weak management. Rather, the minicomputer industry
had crumbled under the weight of the personal computer–a lower-quality solution once deemed as an insignificant foe.
Link: zdnet.com
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