Big revision of the organizational structure of Nintendo

[XanderXT]

Teeqoz said:

XanderXT said:

Teeqoz said:

The_Sony_Girl1 said:

97alexk said:

The_Sony_Girl1 said:
Hmmmm. I sure hope they don't do any bad decisions. I know some companies who did restructuring when their president died, and it hurt them severely.

can you name one?

Scott Paper. It was the world's largest manufacturer and marketer of sanitary tissue products with operations in 22 countries. It fell because of its restructuring.

 

Seems to me like he did a pretty good job...

"In his first nine months as CEO, Dunlap divested over $2 billion worth of assets. Scott’s share price rose from $37.35 to $84.62—an increase of 225 percent in 18 months. Scott reported a $200 million profit in 1994, compared to the net loss of $277 million recorded in 1993."

Source: the internet. Just because a corporation becomes smaller doesn't mean it becomes "worse".

You realize he literally cut the company in half in order to sell it?

You realize that he made it so that the company made half a billion more per year?

I'd rather have a company half the size making twice as much money (and this was more than just twice as much money...) Than a company twice the size making half as much money.... Also, he divested 2 billion, and the company was sold for 7 billion. Last I checked, 2 wasn't half of 9.

The company fell on it's feet because of it's restructuring. And the company wasn't making half a billion more per year, because they had lots of debt and were almost bankrupt.