[Steve Smith]

Reorganisation is better then liquidation.

But reorganisation does nothing to address productivity, manufacturing, sales, etc. It usually just changes the reporting structure at the top level and everything else carries on as before.

Sometimes known as re-arranging the deckchairs on the Titanic!

EDIT: Darn it to heck, it has already been said!

Rearranging deck chairs on the Titanic!!!!!

Steve.