Also, people saying it's been 3 years, we should have a few new IPs since then...yea, you're right...but I can bet that when he became head, it wasn't to make new IPs...cuz they already had new IPs in the oven (some ain't make it out)...but it was about turning around the ship that was the disaster of the XBO launch. His focus was there, fixing the brand. All while that was going on...there was this fixation on POWER (especially here at GAF) and 1080p, the 900p, the 30FPS, the "Rise of Digital Foundry" and all of that. All the while, MS released Sunset Overdrive, Titanfall, and Ori, and none of them did gangbusters...but where he saw he was losing sales were probably 3rd party money (where the Ps mattered).
So yea, he focused on hardware, he focused on ease of development, cuz honestly, people weren't buying those exclusive games in a big way and 3rd parties were flocking to Sony who is killin it. So yea, seeing that happened, he cancelled a bunch of games and studios that weren't his vision of where they wanted to go because their trajectory wasn't a good one. They basically had to reset. It's really not that hard to see why they had to reset when you are getting beat in console sales 2:1. You gotta do ish differently.
I liken it to Nintendo seeing the fuck up that was the WiiU and now making the Switch. Doing a reset of everything and taking the time to do so. The last years of WiiU weren't that great, but now we have Switch and we have good 1st party content. I see the same thing happening here, but with MS they launched the console and didn't have Zelda (a once in a generation type of game).