Description: In the five years since Nortel went bankrupt, many possible explanations have been suggested for its demise. Poor strategy, weak finances, low-cost competition from China, a misguided board of directors, hubris, the federal government’s refusal to backstop it during the recession, you name it.
Date: Mar 17, 2014
Questions for Discussions:
- What are the reasons for the demise of Nortel, according to this report?
- What lessons are there for board of directors, especially when it comes to acquisitions?