Well, we all make mistakes. The best mistakes are when we learn from them. This blog post though is not about my mistakes! (That’s a post for some other day!) I am talking about companies that make mistakes and then some even do learn from them.
The example that comes to mind is of McDonald’s. McDonald’s has been in the news lately for under performance and a host of other issues, including leadership issues.
The biggest mistake, in my opinion, the company is making is in the food options. A recent post by the author Kathy Freston makes it clear.
It seems IKEA now has, in its all US locations, added Veggie alternative to its meatballs menu. On the other hand, McDonald’s still has not committed to a veggie option. If a furniture company can change with the times, what is stopping a fast food company to add more veggie options?
Mistakes are part of running an organization, however learning from them makes all the difference.
I am sure there are countless examples/case studies out there that show:
- Mistakes made by companies
- Steps taken to correct them
Why do so many companies then still face familiar problems even today? That is because so many companies such as McDonald’s refuse to acknowledge them.
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