JacoBlog reader Bruce Barber drove me to Seth Godin's blog about what The New York Times coulda shoulda woulda done to save itself from becoming downsized and obsolete. It's a great read that says a lot about the Times...and about radio, and about other businesses that are trying to make the transition.
I am reminded of that silent movie image where the stuntman has one foot on one biplane and the other foot on a second biplane. It is not easy to move from the old business model to a new one. Clearly, the CEOs of the Detroit 3 demonstrated that last week. Perhaps Congress making them write a term paper ("How we plan to use the money to reinvent our companies") will contain some forward-thinking ideas. Maybe they should read Seth's blog.
Hope you enjoy it.