News surfaced today that Research In Motion Limited (USA) (NASDAQ:RIMM) former CEO Jim Balsillie tried to completely turn around the company’s prospects with a radical new strategy just before he left the position. The news was reported by Reuters Alastair Sharp this morning. The news reveals much about the internal workings of a company that has struggled in recent times. The report suggests that the company’s rejection of a strategy that might have saved the company from its current disappointing market position led directly to the executive’s resignation. The strategy would have seen a new sales platform that would allow the company…
Research In Motion Boss Resigned Because Of Innovative Strategy
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.