Going Private Means Undoing Much of What You Did When Public
For BMC, BlackBerry, and Dell to succeed as private companies, these firms will need to undue much of the changes they went through when first going public and ensure that the decisions that crippled them as public companies aren't reinstated once they go public again.
People must be free to collaborate and innovate, the firms have to focus on results instead of blame, and risk must be promoted more than failure's punished. Oh, and the gains an employee or executive gets from the eventual public offering need to be pushed toward retirement and away from the near term. If this isn't done, then the firms are less likely to succeed as private companies - and are almost certain to stagnate.
My grandfather used to say the smart man isn't the man who doesn't make mistakes but the man who doesn't make the same mistakes twice. In this case, it's so very true.
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