Monday, January 4, 2016

John Burnett ― Should the U.S. Postal Service Contemplate Unconventional Markets and New Investments?

US Postal Service getting in grocery delivery & banking businesses. Yeah, BAD IDEA

(via The Street)

When was the last time you sent a letter when an email could do? 

The economy and market forces are merciless when it comes to those who don't adopt a simple maxim: adapt to survive. History has shown us that companies who take heed often enjoy longevity and success, while others fade into our memories. For example, Apple has come a long way from being a simple computer manufacturing company and has created the iPod, Apple TV, iCloud, iPad and iPhone, to name a few.

On the other hand, it's probably been years since you've made Friday a "Blockbuster night." Once a leader in the video rental industry, Blockbuster has fallen victim to cable TV on demand movie options and innovative companies like Netflix, Hulu and Redbox. Everything in life takes part in evolution to either become stronger and more diverse or fall victim to fate through extinction. Business entities and quasi-government agencies are not exempt. 

Read the full article HERE.