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Hollywood Secrets of Project Management Success by James Persse

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Case in Point: Thoughtmill

Thoughtmill was an Atlanta-area software services company founded in the 1990s. It took on many types of work, but it specialized in Web-based e-commerce applications. The late 1990s were a great time for companies like Thoughtmill; business was going gangbusters. That soured quickly, though, with the dot-com crash of 2001. The company shrank down to a small set of employees and was then acquired by a large systems integration company, American Systems Corporation (ASC). ASC wanted Thoughtmill as an independent division, one it could leverage for its software expertise. ASC dealt heavily in federal defense contracts and sought, with Thoughtmill in its stable, to bid on lucrative U.S. Department of Defense contracts. ...

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