Why Best Buy needs radical change if it's to survive

05/13/2013 | Strategy+Business online (free registration)

Market analysts think that Best Buy is not long for this world, and to prove them wrong, the company will need a radically new corporate strategy, writes Ken Favaro. The odds are that managers won't take that plunge and will aim instead for incremental improvements to existing strategies. That "won't yield the true strategic innovation that Best Buy needs to prove the market wrong -- and thwart the Grim Reaper for good," Favaro writes.

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