2 ms·
Big strategy shifts, or attempts, like buying Nokia, would go through the board of most companies. If the entire board is conservative investors without vision
by basch 7y ago
Big strategy shifts, or attempts, like buying Nokia, would go through the board of most companies. If the entire board is conservative investors without vision for pivot and reinvention, your company will slowly stagnate. Ideally you can identify and make those moves before youve become surpassed.
IBM purging its hardware divisions, and then buying Red Hat is another example, where a company maybe waited a little too long between moves. Would a more aggressive board pushed the company to do that earlier?