Why were organizations like traditional taxicab operators or large hotel chains unable to see disruption coming in their respective industries from new companies like Uber, Lyft, and AirBnB?

In your initial post, respond to the following questions:

Why were organizations like traditional taxicab operators or large hotel chains unable to see disruption coming in their respective industries from new companies like Uber, Lyft, and AirBnB?

Discuss the impact of convergence (e.g. finance and technology, healthcare and technology) and data on the future of industries. Think about the tools used by organizations to develop business strategies. Are these tools still effective? Why or why not?

Course Material:

Baskin, J. S. (2013). The Internet Didn’t Kill Blockbuster, the Company Did it to Itself. Click here (link opens in a new browser window)Links to an external site. to access this article. Retrieved from Forbes.com/.

Frick, W. (2016). The Decline of Yahoo in its Own Words. Click here (link opens in a new browser window)Links to an external site. to access this article. Retrieved from HBR.org/.

Golson, J. (2015). Well That Didn’t Work: The Segway is a technological marvel. Too bad it doesn’t make any sense. Click here (link opens in a new browser window)Links to an external site. to access this article. Retrieved from Wired.com/.

Mourdoukoutas, P. (2017). A Strategic Mistake That Still Haunts JC Penney. Click here (link opens in a new browser window)Links to an external site. to access this article. Retrieved from Forbes.com/.

Surowiecki, J. (2013). Where Nokia Went Wrong. Click here (link opens in a new browser window)Links to an external site. to access this article. Retrieved from NewYorker.com/.

Requirements: 50-200 words