Spoke 2 weeks ago to a feisty J&J division—DePuy Spine. J&J.2005 is more or less J&J.1980 that I researched for In Search of Excellence. But before the ink on the pages of that book was dry, HP's CEO John Young was hiring MBAs & centralizing formerly feisty HP. Dave Packard called him on it. But ghost-of-Dave couldn't hold out forever. Carly, for all her merits & demerits, was a through & through ... CENTRALIZER! She was from the git-go appalled at HP's residual divisional autonomy. And attacked it ... ever so effectively.
Axiom: In the long haul ... CENTRALIZERS LOSE!