Can You Guess Wich Big Corps Are Next To Suffer Fate From the New Economy?

[Corey Dutton]

We’ve all seen some behemoth corporations go down in the past decade, from the retail giants like Circuit City all the way to firms like Bear Stearns in the financial crisis. It’s a tough fate for a company regardless of how or when. And in the process, lots of people get hurt, particularly the shareholders, which of course include the employees. But more has changed than what everyone sees on the surface. We are in a profoundly new economy compared with even ten years ago, and the wheels of the future aren’t just set in motion they are moving forward at full speed. When the inner workings of the economy change so rapidly, much like the game of musical chairs, there are many participants who are left without a chair when the music stops.

In this new economy that we are in the midst of, which monster corporations will suffer their fate next?

From a recent article in the Fiscal Times, the author Jonathan Berr gives a list of brands that have lost value in the past year. Some of the brands on this list really stuck out for me as examples of monster corporations that are getting hit hard by the rules of the new economy. I’ll let you use your own imagination and guess as to the reasons why. While some are losing market share against their competitors for an obvious reason, some are not so obvious. From the list on the Fiscal Times, I’ve chosen to highlight only those brands that I feel are will soon suffer their fates simply due to the changes brought about by the new economy. Here are some of those from the list that are slipping:

-Nokia

-MTV

-Avon

-Dell

-Canon

-Intel

What is your opinion on why these brands may be “falling from grace?” Please share below.