A brutal internal memo from Yahoo Senior Vice President Brad Garlinghouse has likened the struggling company to “peanut butter across the myriad opportunities that continue to evolve in the online world,” with a “thin layer” that barely covers the company’s broad scope, resulting in “focus on nothing in particular.” The WSJ obtained the memo and dubbed it “The Peanut Butter Manifesto” for its motivational tone (”It’s time to get back up”), criticism of the status quo (”We lack a focused, cohesive vision for our company. We want to do everything and be everything — to everyone… We are scared to be left out”) and directives for change (greater focus, accountability and — the scary kicker for current managers, no doubt — “a radical reorganization”). Appropriately, the memo was also marked by the unfair smearing of peanut butter (”I hate peanut butter. We all should”). Yes, we went there. (Read more…)