48 hours. On June 13 Phil Purcell (an old McKinsey colleague of mine) "departs" Morgan Stanley. In addition to crappy interpersonal skills, his overblown idea of a one-stop-shopping financial services supermarket just didn't pan out, no matter how good it looked on paper.
On June 13 HP began to unwinding Carly F's ill-fated "centralization-in-pursuit-of-synergy" strategy ... the PC and Printer operations will be dis-entangled. (Duh.)
On June 14 Sumner Redstone announced the splitting up of Viacom.
Message(s): (1) "Synergy" is usually a snare and a delusion. (2) Centralization is almost always "counter-productive" (Stupid!). (3) FOCUS is virtually axiomatic in the face of today's insane competitive environment.
Before blogging became all the rage, Tom was posting book reviews and Observations (essentially early blog posts) to this site. You can find the archives below.
What we're talking about
on the front page.