Liberum Veto - Modern Parallels

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:

    I ask especially that no state shall, by law or otherwise, authorize the return of the saloon, either in its old form or in some modern guise.
    Franklin D. Roosevelt (1882–1945)

    If, while watching the sun set on a used-car lot in Los Angeles, you are struck by the parallels between this image and the inevitable fate of humanity, do not, under any circumstances, write it down.
    Fran Lebowitz (b. 1950)