Michael Jordan and Blackberry: When a Reality Distortion Field Malfunctions
![RIM blackberry-co-ceos[1] Former, but still looming, RIM co-CEOs Mike Lazaridis & Jim Balsillie](http://www.ideafaktory.com/wp-content/uploads/2012/01/blackberry-co-ceos1.jpg)
RIM’s stock is down 13% since yesterday, when the company promoted a company insider to CEO. In a well-run company, that’s called “succession”. In a struggling company bleeding share, it’s called “delusion”. To add to to the insanity, the co-CEO’s loom in highly visible roles including the ironic “Head of the Innovation Committee”. The market is doing the best it can to break RIM out of its delusion. Many have written about the new CEO saying wacky things like “If we continue doing well what we’re doing, I see no problems …”. What I haven’t seen written about is the psychology behind the seemingly-bizarre actions of the company’s leaders. I attribute it to “Reality Distortion Field Failure”. Or RDFF, for you acronym-lovers.
You might have read stories about Bill Clinton and Steve Jobs being able to lull you into a ridiculous contract – or into bed, by creating a reality distortion field. Their magnetic power to suck you into their world view is so powerful and persuasive, I’ve just signed away all my organs to Bill Clinton while writing about him. Well, the actions of RIM’s former CEO’s seem to be what happens when you think you think you have that power, but really don’t. It’s the same failure that made Sylvester Stallone think he was funny and start making comedies in the 90′s. It’s the same failure that made Michael Jordan try to hit fastballs and Magic Johnson host a late night talk show. The reason for it? Isolation.



Of course, there could be an even simpler explanation – some people have trouble letting go…

ABOUT THE AUTHORSteve Faktor is founder of IdeaFaktory innovation incubator, author of Econovation, and ex-innovation and strategy executive at American Express, Citi, MasterCard and Andersen. Steve is a popular global keynote speaker and writer for Forbes and Harvard Business Review. He also leads workshops and training based on his 4C’s of Innovation(TM) methodology. Full Bio Follow on: Twitter | Facebook | Google+ | RSS Feed |Podcast Feed |
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2 Responses to Michael Jordan and Blackberry: When a Reality Distortion Field Malfunctions
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About Steve Faktor
Steve Faktor is founder of IdeaFaktory innovation incubator, author of Econovation, and ex-innovation and strategy executive at American Express, Citi, MasterCard and Andersen. Steve is a popular global keynote speaker and writer for Forbes and Harvard Business Review. He also leads workshops and training based on his 4C's of Innovation(TM) methodology. Full Bio
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they should have stayed in the b2b space….
Matt, I think you’re right. They should have doubled down on the B2B space. The problem is business customers started to demand consumer features and companies have to give in to their employees to some extent. It’s a bit of a Catch-22.