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Given that what Cisco really needs is more new products in growth markets, products in places where demand is growing, it was a good move in 2009 for Chambers to implement a market-focused organization structure in an effort to seek out growth opportunities and fund them.
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The organization and its incentive structure are carefully re-examined to see if they truly support the mission of the business.
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One of the most effective ways to improve focus within an organization is by providing managers and employees with a common structure and language for the decision-making process.
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In 1997, the legislature nearly killed the FHSAA over the issue how its rules could stifle transfers under school choice plans, but instead officially designated it the official public-school association as a compromise to the organization in a bill that regulated its organizational structure and governing authority.
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Combined with a new, streamlined organization, a substantially improved cost base, a strengthened capital structure, and a more customer-oriented culture, we have all the right measures in place to create shareholder value going forward.
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