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The Dell Deal Explained: What a Successful Turnaround Looks Like

Harvard Business Review

In 2004, Michael Dell left the company, replaced by Kevin Rollins, a former Bain consultant who joined the company in 1996. Their aim was to determine if the companies in question became more or less innovative following the buyout. By the mid 2000s, much of Dell''s competition had faded. The Case of IBM.

Rivkin 15
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What Apple Should Do with Its Massive Piles of Money

Harvard Business Review

But as Apple’s profits multiplied from 2004 through 2011, it was clear that, as you now call it, “ return of capital ” to shareholders was not a pressing priority for Mr. Jobs. I agree and ask you to consider what public shareholders and stock buybacks have to do with innovation at Apple. Social innovation. Employee incentives.