Three Governors in Peabody Simpson has just returned from a company-wide set of events at Columbia University, who they have covered together because they were all graduates. They were commiserating about how to submit a revised forecast for the division heads at the end of the week. Alec Hastings, head of global institutional securities, like updates on the year-to-date account. They were sitting at their favorite watering hole, and discussed the problem of cutting $ 600 million from the operating budget. "Hide
by Rajiv Lal, Nitin Nohria, Leslie J. Freeman Source: Harvard Business School 7 pages. Publication Date: June 25, 2003. Prod. #: 503112-PDF-ENG
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