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03

Knowledge

   
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Title: Knowledge
 
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Subject: Business
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Date: February 11, 2009
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Length: 7 / 1934
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Prior to joining Sony, Mr. Stringer had a distinguished 30-year career as a journalist, producer and executive at CBS Inc (www.sony.net). Stringer aimed to unite cutting-edge technology with entertainment content while reviving Sony’s electronic business...
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To combat the price drops of rivals Stringer streamlined Sony, unveiling a sweeping restructuring plan that cut 10,000 jobs, shed a number of unprofitable divisions and products and attempted to centralize decision-making (Palmer, 2006). Woods (2006) identified that ‘Sony has started to respond faster to changes in the operating environment by focusing more on software and services as well as by streamlining its chain of command’ (p...
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