Restructuring

Nokia’s implosion after the breakout success of its mobile phone business offers a cautionary tale of the many problems that often lead to—and result from—corporate reorganization. In fact, restructuring usually puts the business in an even worse position, which leads to additional, equally unsuccessful reorganizations. This article examines the underlying …

Smashing functional silos has become a rallying cry in management circles, especially during the past decade. The pain points behind this leadership imperative go back nearly 30 years, when Phil Ensor coined the phrase “functional silo syndrome” to describe common challenges in manufacturing organizations. Since then, the crippling effects of workplace …