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Blockbuster Rise and fall
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Jesse Allman
Growing popularity of blockbuster
SMART
Decrease in blockbuster sales
Goal
Measurable
Specific
Measurable
Specific
Quantify the goal and make sure you can track its progress.
Clearly define the goal, people, and important steps involved.
Relevant
Achievable
Review and adjust the goal until it’s realistic.
Explain why the goal is important and how it fits into the bigger picture.
over a 15 year course blockbuster opened up just over 9,000 locations. They were rapidly hiring employees and opening stores in the 1990s.
Achievable
Relevant
Review and adjust the goal until it’s realistic.
Explain why the goal is important and how it fits into the bigger picture.
Timely
Set deadlines for the goal.
in the mid 2000s netflix and redbox both competing companies releases mail out services allowing the video rental to be shipped to you. popularity started to turn another direction towards the newer and better items. now you didnt have to leave your home to watch new shows which only put blockbuster as the next best alternative.
Expansion
Blockbuster regression
Blockbusters Peak
Where it started
Trough of blockbuster
where blockbusters peak reached
The first Blockbuster
shutting down
SMART
Goal
Blockbuster first opened in 1985 in dallas texas with just over 8,000 movies availible to rent. David cook the CEO of blockbuster saw potential in the movie rental industry and left the oil business to start the company.
At its peak with over 9,000 stoers blockbuster had a whopping 84,300 employees. late 1990s to early 2000s was bringing in well over 5 billion dollars in anual revenue. with inflation thats almost 10 bilion dollars today.
in 2010 after loosing competition to Netflix blockbuster filed bankrupcy. just in 2010 alone they had to lay off almost 2,500 employees in a single week. they closed over 3,000 stores alone that year with plans of closing a thousand more.
Measurable
Specific
Measurable
Quantify the goal and make sure you can track its progress.
Clearly define the goal, people, and important steps involved.
Quantify the goal and make sure you can track its progress.
Clearly define the goal, people, and important steps involved.
Relevant
Achievable
Relevant
Review and adjust the goal until it’s realistic.
Explain why the goal is important and how it fits into the bigger picture.
Review and adjust the goal until it’s realistic.
Explain why the goal is important and how it fits into the bigger picture.
Timely
Set deadlines for the goal.