Corporate Pakistan is in a flux. A shake-out of sorts. The current fixation is on Exits. And the elusive FDI. In the good old days, the cinema houses (REX, RIO, etc.) had red-light exit signs on each door. During one performance, there was a popping sound and one exit light failed. Immediately the hall lights went on.

The fuse was fixed, and the performance resumed. It was existing protocol.

Unfortunately, in corporate issues, fuses are not that easy to fix! Much is being written about MNC exits. All good & relevant comments. The most noteworthy ‘exit’ is Yamaha Motorcycles’. Yamaha is the most structured brand in the world, covering over 50 product categories: from motorcycles to pianos to outboard motors. This is Yamaha’s second exit. Their first motorcycle venture failed. They left. Then came back.

This double whammy is worth investigating. When an MNC exits twice, it should set alarm bells ringing. Is the exit about “doing business”, or is it........

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