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Not huge, but a pretty big mistake would be Target's venture to, and disastrous failure in, Canada. Almost everything that could go wrong did, and the whole st
by thrusong 10y ago
Not huge, but a pretty big mistake would be Target's venture to, and disastrous failure in, Canada.
Almost everything that could go wrong did, and the whole story involves a lot of arrogance and inexperience.
It will definitely be a business school case study, at least here.
- ArkyBeagle 10y agoIt is one. I've heard oral history from Larry Nichols of Devon Energy talking about how examples like that were used by Devon to avoid disaster in acquisitions they'd made in Canada. He's on the Tulsa University Oral History "Voices of Oklahoma" website. I was in a a startup acquired by a Canadian company and we had the converse problem - the technology was rejected like an organ transplant by the engineering staff. Bizarre, because the whole idea was to generate revenue to support their other development efforts. Didn't matter - not invented here.