Bad news may be good.
Playthings, June, 2001 by Weiskott, Maria
Harsh business environment may prompt needed changes There's bad news and good news for the toy industry. The bad news is that these are difficult times. And that is also the good news. No need to 'explain' the bad news. One would have be comatose not to know about the recent spate of business failures in the toy sector.
But difficult times as good news? Well, it can be when it leads to reevaluation and refocus. At least that was the consensus at the annual conferences last month of two of the industry's top organizations, the American Specialty Toy Retailing Association (ASTRA) and the former Toy Manufacturers of America, newly renamed as the Toy Industry Association (TIA). As keynote speaker Sam Geist, author of several business...
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