What If There Were a Hospital for Sick Companies?

People get sick, and back in the Middle Ages they would use leeches and razors to bleed them until they got better. The practice didn't work that well -- yet if we look at what we do to sick divisions and companies, it is effectively the same thing. We cut investments, freeze salaries, make layoffs, and shave marketing expenses and then seem fascinated when the firms don't recover. I just finished a review of the Lenovo acquisition of the IBM x86 server division, which IBM thought was unfixable -- and damned if Lenovo didn't fix it.



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