Readers of a certain vintage will remember talk of the "Honey I shrunk the company" video that Michael Blumenthal is purported to have directed in 1990 when Unisys hit the rocks.

There is standard playbook for companies — like Fonterra — that have expanded too fast.

Effectively, it comes down to "slash the palace" — that's the over-staffed executive "leadership" teams that far too many CEOs rely on far too much to pander to their egos, instead of challenging strategy and getting results through focused execution.


It also comes down to someone "taking one for the team" — in