I was quite impressed with the way Sony CEO, Howard Stringer, approached their business. I read an article from Forbes.com, that apparently before they started innovating their products, there was a sweeping restructuring drive. Notice how first of all he started with restructuring. Before any change can be implemented. A paradigm shift is necessary for a company to actually move forward together on a different playing field. Sure he had to cut some people and re-prioritize the business in order to focus on what's core and profitable, but that's the way the cookie crumbles right?
After being stumped repeatedly by Apple's iPod and Nintendo's Wii, Sony has bounced back with PS3, saying that right now innovation will be their corner stone to be able to compete with the cutting edge technology other companies are offering.
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