WSJ. Microsoft tries to outgrow the "Bill and Steve" show.
>>>The white-haired Mr. Herbold described being flummoxed by Microsoft's lack of traditional business processes when he first arrived as chief operating officer in 1994. He recalled watching officials make crucial decisions about new products after just one high-level meeting and sitting through board-of-directors gatherings that resembled unstructured rap sessions.
For all its market might, Microsoft continues to struggle with the basic task of building a professional management structure.<<< [John Robb's Radio Weblog]
John, another conclusion is that a "professional management structure" is not always desirable. Certainly most companies that have such things would prefer to have Microsoft's success. I'm quite skeptical of the value of "conventional" management in unconventional situations.
3:41:59 PM 
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