Here’s an interesting snippet in FORTUNE magazine (July 24, 2006) about the CEO of Renault and Nissan, Carlos Ghosn, the first person ever to run two companies on FORTUNE‘s Global 500 simultaneously:“Ghosn brags about his ability to set financial and performance targets three years out – and meet or exceed them. At Nissan he even… Read More: Nissan impossible? »
It’s a pity that while some companies like Otto Group realise the beauty of not going public, other companies like Lego, which is privately held and still majority-controlled by its founder’s heirs, decide to follow the money trail with greater fervour than ever. As reported in “Rebuilding Lego” (FORTUNE, June 12, 2006), Lego’s new CEO… Read More: Can’t Lego of money »
Robert Scoble, Microsoft’s alpha blogger, is leaving the software giant for startup PodTech.net. In an interview with Microsoft Watch, Scoble said this about his soon-to-be former employer: “Another surprise? That every bad decision that I thought was bad had a logical explanation behind it. I didn’t always agree with the decisions, but there was always… Read More: Scoble circumstances »
I read in “Otto The Modest” (BusinessWeek, June 5, 2006) that Michael Otto, CEO of German retailer Otto Group, ‘refuses to take his company public partly because he thinks the market encourages shortsighted management.“We don’t have to come up with a good story every quarter for the investors and the press,” Otto said in an… Read More: Don’t go public »
Two years ago, when Dell revealed its enterprise strategy, I mentioned that the company will drive industry standards even if such standards happen to be proprietary, presumably because of its customer focus. Hell, I was wrong. Dell’s recent announcement that it will start shipping AMD-based servers was not about putting customers first. If the company… Read More: Can Dell continue to deliver? »
Recently, I had an exchange with a colleague regarding business travel and I realise that, for many organisations, there is still a wide chasm between management and employees on this issue. Here’s the situation: The company that I work for has organised a trade show in April in Hong Kong. Some employees have thus been… Read More: A matter of choice »