Teeqoz said:
She's just saying that the company fell because of its restructuring, led by the new CEO... That totally doesn't imply that the CEO did a bad job with the restructuring... When, firstly, it didn't fall because of the restructuring, it had already fallen, before the restructuring. The restructucturing brought them back up and made them an attracvtive company to buy. Being bought out is not neccesarily a failure, and in this case, when it led to a whole lot more cash in shareholder's pockets how in the world can she say it fell because of the restructuring? Lol There are of course examples of companies that were ruined due to restructuring, but Scott Paper wasn't one of them.... Besides, you are sourcing Jim Collins, but you aren't giving me anything about Scott Paper that Jim Collins has said, and I can't find any quote where Jim Collins says the Scott Paper restructuring lead to its fall (which doesn't make any sense whatsoever regardless). One could argue that after having turned Scott Paper to a profitable company, it would've been better long term to continue as its own company, without being merged with Kimberly, but you can't really argue that restructuring led to Scott Paper's fall.... |
What she was saying was that the restructuring killed the company. It was supposed to kill the company. She just cited a bad example of a restructuring killing a company.. For the Jim Collins source, it was in How The Mighty Fall, or How Some Companies never give in.
