It's interesting to watch these scenarios unfold, I bet there isn't a manager within the company that doesn't recognise the hurdles they face yet they are completely unable to rise to the challenge.

In some ways they may be better off by just doubling down on what they are good at. It's similar to the situation Kodak faced, should they embrace the new technologies knowing they probably won't be very competitive or just soldier on and make the most of a declining market.

I read recently that the chairman of Fiat said they aren't working on electric cars at the moment because they would rather be late than wrong.