Tag: corporate strategy
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Successful Corporate Restructuring – Examples and Lessons Learned
We studied 24 examples of successful companies that underwent major restructuring, and found 6 key factors for their success. Comprehensive Restructuring IBM: In the early 1990s, IBM was struggling with a rapidly changing computer industry and increasing competition. The company underwent a massive restructuring under CEO Lou Gerstner, shifting its focus from hardware to software…
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Blurred Lines: When Strategy Meets Digital
The following article has been developed by AnswerTeam in response to conversations with numerous companies which are seeking ways to improve the leverage of their digital assets. Time and again, for these and many other companies, harnessing the power of digital solutions requires more than just the technical capabilities, but also a strategic mindset that…