A
part of the company – the business that was the old heartland of the enterprise
– was being spun off. The people going with the spin-off fully understood the
meaning.
Companies
don’t spin off operations or businesses that are highly profitable, with
long-term prospects for success, no matter what anyone might say. No, companies
spin off businesses that “no longer fit the portfolio,” won’t produce the
desired level of profit, or – best-case scenario – will just chug along at a less-than-desirable
return on investment.
It
was a wrenching experience. The new company had nine months to prepare – create
an organization, find a new name, fight over assets, select management teams,
file a raft of legal documents, apply for stock registration, and prepare employees
for a new world.
Management
was struggling over the best way to launch the company. No one felt like
celebrating. The situation felt more like a funeral than a birth.
The
poet was asked to figure it out.
To
continue reading, please see my post today at Tweetspeak
Poetry.
Photograph by Petr Kratochvil via Public
Domain Pictures. Used with permission.
No comments:
Post a Comment