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You Call This a Midlife Crisis? | |
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| Time: 04:41 EST/09:41 GMT | News Source: New York Times | Posted By: Alex Harris | ||
|
Much of what Microsoft has done over the last year or so might suggest a company settling into middle age. It has overhauled its management structure, tightened its financial controls, expanded its financial reporting, started paying dividends and abandoned the high-tech currency of stock options in favor of risk-free grants of shares to employees. All the moves are sensible, pragmatic steps, but they have the feel of concessions to an era of reduced growth and diminished expectations for Microsoft, the premier technology growth company of the last two decades. So, is this it? Is Microsoft's corporate metabolism finally slowing? The senior management team at the company has a ready answer: not in your dreams. | ||
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