Nothing is forever. Panasonic, National was thought to be forever - manufacturing a wide range of products for the house. They had plants all over the world, and hundreds of thousands of employees.
Matsushita was a model for business philosophy and management. Matsushita was a business model/icon.
But lately, Panasonic, National fell into bad times and is on brink of bankruptcy.
What did they do wrong? It started in 1989 when founder Matsushita died
1. They forgot experimenting
2 They stopped marketing
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