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Tribune is merging together all operations – newspaper and 2 TV stations – in Hartford, CT. They are cutting costs again.
The only way out of this situation is for organizations to listen to the good professor, and not try to do more of the same.
The company strategy was tied to being a leader in selling hardware systems. First powerful desktop systems but increasingly powerful network servers. Iron that would replace mainframes and extend computing power to challenge supercomputers.
The book is a great read as well. Not pompous (although the author has a mountain of experience to draw upon), very matter-of-fact, and incisive when cutting into multiple myths that detract from performance of functional groups as well as the corporation overall.
The company stopped launching new products years ago. Instead, it has been trying to increase sales with line extensions of its existing products – things like 100 calorie packs of Oreos.
PepsiCo bids to buy its bottlers for $6billion," is the Marketwatch headline today.
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