In his blog, Chris’ quote by Goodwin clearly showed that a successful company needs to do more than just come up with a good product. For just because you make a good product today does not mean that circumstances will stay that way forever. He also argued that companies, including non-profits, need to be honest about the impact that societal trends are having on them, and they need to exercise foresight. Such was not the case with GM, General Motors was fortunate to be bailed out by the US government in 2009. Had that not happened, they would not be in existence today. It is unfortunate that many people will lose their jobs because the leadership lacked foresight and was resistant to change. They chose not to act as good stewards of their resources and ended up almost losing everything.
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