Critical data for C-Suite to align HR strategy with business outcomes.

Future
Ready
Skills

Change Kills - The Rise and Fall of F500 Companies

Change and Fortune 500's

Change is inevitable, especially in the fast-paced world of business. With technology and innovation rapidly evolving, companies must keep up or risk falling behind. Unfortunately, many big businesses have failed to adapt to change and have suffered the consequences. The rise and fall of these Fortune 500 companies serves as a cautionary tale for businesses everywhere.

The Kodak Example

One example of a company that was unable to adapt to change is Kodak. Once a leader in the photography industry, Kodak failed to recognize the potential of digital photography and was slow to shift its focus.

As a result, the company filed for bankruptcy in 2012, unable to keep up with competitors who had embraced the digital revolution.

example of a company that was unable to adapt to change

A More Recent Example - Blockbuster

Another company that suffered a similar fate is Blockbuster. The video rental giant was slow to adapt to the rise of online streaming services like Netflix and eventually filed for bankruptcy in 2010. Blockbuster failed to recognize the shift in consumer behaviour and the demand for more convenient, on-demand services.

A Better Way Forward

These are just two examples of many businesses that have fallen from grace in recent years. The common thread between these companies is their inability to recognize and respond to change. In a rapidly evolving business landscape, companies that fail to adapt are at risk of becoming irrelevant and eventually disappearing altogether.

Business leaders must be proactive in recognizing and responding to change, whether it comes from within their industry or from broader technological trends. This requires a willingness to experiment and take calculated risks, as well as a dedication to continuous learning and improvement.

Conclusion

In conclusion, change is a powerful force in the business world, and companies that fail to adapt risk falling behind and eventually facing obsolescence. The rise and fall of Fortune 500 companies serves as a warning to businesses everywhere that the only constant in business is change. Those who embrace it and adapt will thrive, while those who resist will be left behind.

Contact Us

Contact us today for a free consult on how to build an accurate and comprehensive skills inventory  for your entire organization in just a few days.
copyright @2025 WorkforceAI
RequestMessagesTimelineExceptionsViews5RouteQueries7Models163MailsGateSession
SettingsRequest history8.2.15PHP Version34.51msRequest Duration3MBMemory UsageGET {slug}/{slugnew?}
status
200 OK
full_url
https://workforceai.ai/change-kills-rise-and-fall-of-f500-companies
controller_action
App\Http\Controllers\PagesController@index
Theme
Open Button Position
Hide Empty Tabs
Autoshow
Reset to defaults
status
200 OK
full_url
https://workforceai.ai/change-kills-rise-and-fall-of-f500-companies
action_name
controller_action
App\Http\Controllers\PagesController@index
uri
GET {slug}/{slugnew?}
controller
App\Http\Controllers\PagesController@index
file
app/Http/Controllers/PagesController.php:9-21
middleware
web
duration
34.4ms
peak_memory
4MB
response
text/html; charset=UTF-8
request_format
html
request_query
[]
request_request
[]
request_headers
  0 of 0   
array:15 [▼
  "host" => array:1 [▶
    0 => "workforceai.ai"
  ]
  "connection" => array:1 [▶
    0 => "keep-alive"
  ]
  "pragma" => array:1 [▶
    0 => "no-cache"
  ]
  "cache-control" => array:1 [▶
    0 => "no-cache"
  ]
  "sec-ch-ua" => array:1 [▶
    0 => ""Chromium";v="130", "HeadlessChrome";v="130", "Not?A_Brand";v="99""
  ]
  "sec-ch-ua-mobile" => array:1 [▶
    0 => "?0"
  ]
  "sec-ch-ua-platform" => array:1 [▶
    0 => ""Windows""
  ]
  "upgrade-insecure-requests" => array:1 [▶
    0 => "1"
  ]
  "user-agent" => array:1 [▶
    0 => "Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)"
  ]
  "accept" => array:1 [▶
    0 => "text/html,application/xhtml+xml,application/xml;q=0.9,image/avif,image/webp,image/apng,*/*;q=0.8,application/signed-exchange;v=b3;q=0.7"
  ]
  "sec-fetch-site" => array:1 [▶
    0 => "none"
  ]
  "sec-fetch-mode" => array:1 [▶
    0 => "navigate"
  ]
  "sec-fetch-user" => array:1 [▶
    0 => "?1"
  ]
  "sec-fetch-dest" => array:1 [▶
    0 => "document"
  ]
  "accept-encoding" => array:1 [▶
    0 => "gzip, deflate, br, zstd"
  ]
]
request_cookies
[]
response_headers
  0 of 0   
array:3 [▼
  "content-type" => array:1 [▶
    0 => "text/html; charset=UTF-8"
  ]
  "cache-control" => array:1 [▶
    0 => "no-cache, private"
  ]
  "date" => array:1 [▶
    0 => "Mon, 12 May 2025 19:02:21 GMT"
  ]
]
session_attributes
  0 of 0   
array:1 [▼
  "_token" => "WhzY1B5npMUCkT6bgXgybT5B5kmfjzMVkvW5fx7K"
]
    • Booting (16.74ms)time
    • Application (17.76ms)time
    • Routing (1.31ms)
    • Preparing Response (11.41ms)
    • 1 x Application (51.47%)
      17.76ms
      1 x Booting (48.5%)
      16.74ms
      1 x Preparing Response (33.06%)
      11.41ms
      1 x Routing (3.79%)
      1.31ms
      5 templates were rendered
      • 1x database_pagesdatabase_pages.blade.php#?blade
      • 1x home_layouts.appapp.blade.php#?blade
      • 1x home_layouts.headhead.blade.php#?blade
      • 1x home_layouts.headerheader.blade.php#?blade
      • 1x home_layouts.footerfooter.blade.php#?blade
      uri
      GET {slug}/{slugnew?}
      middleware
      web
      controller
      App\Http\Controllers\PagesController@index
      file
      app/Http/Controllers/PagesController.php:9-21
      7 statements were executed5.19ms
      • PagesController.php#15workforceaiConnection Established
        Backtrace
        • app/Http/Controllers/PagesController.php:15
        • vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
        • vendor/laravel/framework/src/Illuminate/Routing/ControllerDispatcher.php:44
        • vendor/laravel/framework/src/Illuminate/Routing/Route.php:266
        • vendor/laravel/framework/src/Illuminate/Routing/Route.php:212
      • PagesController.php#15workforceai810μsselect * from `pages` where `slug` = 'change-kills-rise-and-fall-of-f500-companies' limit 1
        Bindings
        • 0: change-kills-rise-and-fall-of-f500-companies
        Backtrace
        • app/Http/Controllers/PagesController.php:15
        • vendor/laravel/framework/src/Illuminate/Routing/Controller.php:54
        • vendor/laravel/framework/src/Illuminate/Routing/ControllerDispatcher.php:44
        • vendor/laravel/framework/src/Illuminate/Routing/Route.php:266
        • vendor/laravel/framework/src/Illuminate/Routing/Route.php:212
      • header.blade.php#113workforceai1.02msselect * from `menu_items` where `parent_id` is null and `status` = 1 order by `order_sequence` asc
        Bindings
        • 0: 1
        Backtrace
        • view::home_layouts.header:113
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:75
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • header.blade.php#113workforceai170μsselect * from `pages` where `pages`.`id` in (null)
        Bindings
        • 0: 
        Backtrace
        • view::home_layouts.header:113
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:75
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • header.blade.php#113workforceai370μsselect * from `menu_items` where `menu_items`.`parent_id` in (1, 3, 4, 5, 39, 52, 82) and `status` = 1 and `sub_menu_id` = 0 order by `order_sequence` asc
        Bindings
        • 0: 1
        • 1: 0
        Backtrace
        • view::home_layouts.header:113
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:75
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • header.blade.php#113workforceai760μsselect * from `pages` where `pages`.`id` in (null, 1, 2, 3, 5, 6, 8, 21, 24, 25, 38, 39, 40, 41, 44, 46, 47, 51, 52, 54, 55, 63, 64, 65, 67, 68, 69, 71, 73, 75, 77, 79, 80, 100, 101, 105, 106, 107, 108, 109, 111, 115)
        Bindings
        • 0: 
        • 1: 1
        • 2: 2
        • 3: 3
        • 4: 5
        • 5: 6
        • 6: 8
        • 7: 21
        • 8: 24
        • 9: 25
        • 10: 38
        • 11: 39
        • 12: 40
        • 13: 41
        • 14: 44
        • 15: 46
        • 16: 47
        • 17: 51
        • 18: 52
        • 19: 54
        • 20: 55
        • 21: 63
        • 22: 64
        • 23: 65
        • 24: 67
        • 25: 68
        • 26: 69
        • 27: 71
        • 28: 73
        • 29: 75
        • 30: 77
        • 31: 79
        • 32: 80
        • 33: 100
        • 34: 101
        • 35: 105
        • 36: 106
        • 37: 107
        • 38: 108
        • 39: 109
        • 40: 111
        • 41: 115
        Backtrace
        • view::home_layouts.header:113
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:75
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • header.blade.php#113workforceai320μsselect * from `menu_items` where `menu_items`.`sub_menu_id` in (7, 8, 9, 11, 12, 15, 27, 30, 31, 32, 33, 34, 35, 37, 38, 40, 41, 44, 45, 46, 47, 49, 51, 54, 55, 57, 58, 59, 64, 65, 66, 69, 77, 78, 83, 85, 92, 93, 95, 96, 97, 98, 99, 100, 107, 112) and `status` = 1 order by `order_sequence` asc
        Bindings
        • 0: 1
        Backtrace
        • view::home_layouts.header:113
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:75
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • header.blade.php#113workforceai1.74msselect * from `pages` where `pages`.`id` in (9, 10, 11, 12, 13, 15, 16, 18, 43, 53, 57, 60, 66, 70, 72, 74, 81, 82, 84, 85, 87, 88, 89, 90, 93, 94, 97, 102, 103, 104, 112, 113, 114, 121)
        Bindings
        • 0: 9
        • 1: 10
        • 2: 11
        • 3: 12
        • 4: 13
        • 5: 15
        • 6: 16
        • 7: 18
        • 8: 43
        • 9: 53
        • 10: 57
        • 11: 60
        • 12: 66
        • 13: 70
        • 14: 72
        • 15: 74
        • 16: 81
        • 17: 82
        • 18: 84
        • 19: 85
        • 20: 87
        • 21: 88
        • 22: 89
        • 23: 90
        • 24: 93
        • 25: 94
        • 26: 97
        • 27: 102
        • 28: 103
        • 29: 104
        • 30: 112
        • 31: 113
        • 32: 114
        • 33: 121
        Backtrace
        • view::home_layouts.header:113
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:75
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      App\Models\MenuItems
      87MenuItems.php#?
      App\Models\Pages
      76Pages.php#?
          _token
          WhzY1B5npMUCkT6bgXgybT5B5kmfjzMVkvW5fx7K
          ClearShow all
          Date ↕MethodURLData
          #12025-05-12 19:02:21GET/change-kills-rise-and-fall-of-f500-companies57163