Re-aiming arrow: can CEO William Mitchell get all the employees behind his new strategy for Arrow?(DISTRIBUTORS)(Arrow Electronics Inc.) From: Electronic Business | Date: April 1, 2005| Author: Arensman, Russ | COPYRIGHT 2005 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

WHEN WILLIAM MITCHELL became CEO of Arrow Electronics, in February 2003, the company was emerging from a painful period of retrenchment after losing nearly $700 million and laying off thousands of employees. Sales and earnings were improving, yet it was clear that the acquisition-driven strategy used during the previous decade to build the Melville, N.Y., company into the world's largest electronics distributor was no longer appropriate.

"The old strategic framework was ...