Modern Parallels
Until the early 1990s, IBM had a decision-making process called "non-concur" in which any department head could veto a company-wide strategy if it didn't fit in with his department's outlook. This effectively turned IBM into several independent fiefdoms. "Non-concur" was eliminated by CEO Louis Gerstner who was brought in to revive the declining company.
Read more about this topic: Liberum Veto
Famous quotes containing the words modern and/or parallels:
“The secret of genius is to suffer no fiction to exist for us; to realize all that we know; in the high refinement of modern life, in arts, in sciences, in books, in men, to exact good faith, reality, and a purpose; and first, last, midst, and without end, to honor every truth by use.”
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