It is seen as a sign that the new management at C&W is willing to focus the group in a way that should crystallize shareholder value,

Management is concerned about return on invested capital and return on shareholder equity and that's the focus. Everything else takes a backseat to that.

Focus on costs and asset management clearly remains the best course, given the fragile market conditions,

We believe we have the management, products and financial focus to foster long-term benefits for our shareholders and customers worldwide.

I'm glad to hear he's dropping it. Continued harassment of management would not have been good for keeping their focus on the business.

The very management structure is set up with different departments to blow chimney smoke up, and not focus on working with each other so the company winds up making a good car.