Monday, February 23, 2009

Proving, Yet Again, Business Is a Cycle

Yahoo CEO Set to Install Top-Down Management

Not yet six weeks into the job, Yahoo Inc. Chief Executive Carol Bartz is preparing a company-wide reorganization that underscores the new CEO's belief in a more top-down managerial approach.

The plan aims to speed-up decision-making and give Yahoo products a more consistent appearance by consolidating certain functions that have previously been spread out across the company -- like product development and marketing -- into single, standalone departments, people familiar with the matter say.

Welcome to the 1950s.