Re:Internal competition can often be the most dangerous kind
by isolli on Friday June 18, 2021 @05:30AM
(#27548740)
It reminds me of the Sears disaster [0].
"Eddie Lampert broke the company into 30 plus autonomous businesses, each with its own president, chief marketing officer, board, and separately measured profit and loss.
His idea was to harness the power of the free market, and to produce better and deeper data than anyone else.
But the radical restructuring went horribly wrong, as divisions engaged in cutthroat competition against each other"
"Eddie Lampert broke the company into 30 plus autonomous businesses, each with its own president, chief marketing officer, board, and separately measured profit and loss.
His idea was to harness the power of the free market, and to produce better and deeper data than anyone else.
But the radical restructuring went horribly wrong, as divisions engaged in cutthroat competition against each other"
[0] https://www.businessinsider.com/eddie-lamperts-sears-strateg...