From, “Game Plan for HP,” by Tiernan Ray, 2/20/12, Barron’s:
If she's successful, Whitman's [Meg Whitman, CEO] mark on the $127 billion-in-revenue company (ticker: HPQ) could be as great as that of Louis Gerstner Jr., who turned around a flagging International Business Machines (IBM) in the 1990s -- a task many thought impossible -- by streamlining its sclerotic organization and bulking up its software offerings and service practices. Indeed, many observers look to IBM's software and services strategy as a model for the revivification of HP.
Sclerotic: becoming rigid and unresponsive; losing the ability to adapt
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