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I viewed it as a story in how a great CEO realized that he needed to personally step in to drive and protect a program that could cannibalize their existing bus
by mathattack 6y ago
I viewed it as a story in how a great CEO realized that he needed to personally step in to drive and protect a program that could cannibalize their existing business. Similar story to Netflix’s video streaming over the CDs.
- xxpor 6y agoAnd I think the critical implementation of that was "firing" Steve Kessel. Don't have him worry about his old P&L at the same time.
- mathattack 6y agoYes. Same as Hastings kicking all the CD folks off his executive team. The CEO of a startup I worked at limited the head of his most proilfitable business unit to 15 minutes per month. It seemed insane to put the cash cow at risk. He was right though. He couldn’t grow the future without doing that.