When I was in graduate school in consumer science and math, all of the big companies had labs, all doing blue sky research.
My aunt looked like Lucille Ball, and everything she touched was beautiful and elegant. But I was intelligent enough to understand I would never be like her.
If you look at any of the big companies, whether it is IBM or L'Oreal, they have a corporate religion and corporate self-image that makes it very difficult for them to execute in different areas.
