November 19, 2006
It’s a “challenge”, I suppose, or perhaps an “opportunity”, but it’s apparently not a “disaster”, at least not according to Tony Blair. And just in case you weren’t listening, he can’t have meant that it is a disaster, because he “does not use the word disaster”. Oh, and they didn’t say this. And he didn’t […]
Onward →
November 19, 2006
– and, well, doesn’t want to be (just) SVP any longer – I suspect this ‘manifesto’ is at least partly an announcement that he’s on he way up, or he’s on the way out, and this memo, released into the wild in what I, like my friend Mathew and also Paul Kedrosky, suspect was a pretty deliberate move, strikes me as simply the first overt step on succession moves at Yahoo!Written in the iambic pentameter of internal memo corporatespeak, the memo contains the principal motifs of the large-company-trying-to-turn-around motivational speech:We’re great and things are goodBut they’re not as good as they should be and we face many challengesIt’s no one’s fault – it’s just the way things are nowWe lack visionOur organizational structure needs to changeMany of you need to leaveNone of this is remarkable or surprising. Most large companies that falter say exactly the same thing, and there is an established cottage industry in motivational euphemisms for “getting back to basics”…. has perhaps been the only person at this particular cocktail party who didn’t know it had toilet paper stuck to its shoe.In any event, there’s a bumper year ahead for Yahoo!’s M&A lawyers…. The tea leaf readers, trying to divine intention from Yahoo!’s many disparate moves, were undoubtedly banging their heads against the wall with each indecipherable acquisition.
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