How MBA-Style Leadership Killed The Once Great Sony
Who can forget what a great company Sony was, and the enormous impact it had on our lives? With its heritage, it is hard to believe that Sony hasn’t made a profit in 4 consecutive years , just recently announced it will double its expected loss for this year to $6.4 billion , has only 15% of its capital left as equity (debt/equity ration of 5.67x) and is only worth 1/4 of its value 10 years ago !
Read More.. and DISCUSS
Who can forget what a great company Sony was, and the enormous impact it had on our lives? With its heritage, it is hard to believe that Sony hasn’t made a profit in 4 consecutive years , just recently announced it will double its expected loss for this year to $6.4 billion , has only 15% of its capital left as equity (debt/equity ration of 5.67x) and is only worth 1/4 of its value 10 years ago !
Read More.. and DISCUSS