Danaher’s Instruments of Change

Distinctive capabilities have been central to Danaher’s success since the mid-1980s, when Mitchell Rales and Steven Rales, two brothers who owned a commercial real estate business, discovered they had a knack for buying and turning around ailing manufacturing companies. Over the years, the company had evolved from a highly leveraged startup to a profitable family of ventures with a market capitalization of more than US$40 … [ Read more ]

Saving $3 Billion the HP Way

Written off as just another ill-conceived megamerger, Hewlett-Packard has exceeded all its goals. Here’s why the union has worked — so far — and what must come next.