The following very detailed article appeared last week.Updated Sep 11 2017 at 1:47 PM Trying to prove it's nimble and smart, Telstra stumblesby Aaron Patrick Under chief executive David Thodey, Telstra thought electronic health services could help turn itself from a bureaucratic ex-monopoly into a smart and nimble software provider.Instead, Telstra's start-up health division suffered many of the problems of its parent: infighting, slow decision making and gold-plated spending.Four years after getting a dynamic CEO, Telstra Health loses money, is trying to coordinate more than a dozen businesses with different cultures, objectives and tech systems, and was forced to write off $77 million from an acquisition binge that made some entrepreneurs rich and cost Telstra shareholders $240 million.Telstra's failure to create a business that pays its way, at least in the short term, is an example of a problem facing the broader economy: many large Australian companies have a weak record of...
This is the initial part of the post - read more by clicking on the title of the article. David.
from Australian Health Information Technology http://ift.tt/2xQ8tzj
- TECHNOLOGY AND HEALTH
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