"Essentially, Nokia has forgotten how to bring innovative products to market. This is despite a rich R&D base, which has pioneered many of the innovations competitors now feature. Instead, a risk-averse bureaucracy has grown up that stifles innovation – it makes progress slow or non-existent."
An old and familiar story.
"his diagnosis may be familiar, but the proposals quite radical. ... a bloodbath of middle managers – starting with 300 to 500 staff at senior VP, VP or director level. This he calls a GRO program, or Get-Rid-Of."
Yahoo had 300 or so VPs before its fall. How do companies end up with five hundred + VPs? What value do they provide exactly? (Genuine question, not snark. From what I've seen most people at VP level spend all their time in internecine politics)
Does anyone know how many VPs Apple has? or Google? (though I suspect , with no proof or numbers, that the latter would have relatively high numbers, given the "middle agedness" Google seems to demonstrate these days)