There's an interesting comparison of how Microsoft's and Detroit's fortunes have faded. Too bad there isn't any insight on how either might rise to prominence again or what these former global giants are doing right or wrong to reverse course.
Excerpt:
"In recent weeks we have seen two developments that, to us, capture the shifting nature of all competitive advantages.
Microsoft (MSFT), which rode to tech dominance in the 1980s and 1990s on the back of its wildly successful Windows operating system and Office suite for productivity software, is working on a comprehensive restructuring to streamline the company.
Detroit released a restructuring proposal laying out the dire financial condition of the city, and the concessions creditors will be asked to take."
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