Not able to find any answers since she was installed as CEO of Yahoo! (NASDAQ:YHOO), Chief Executive Officer Carol Bartz has found her popularity among employees waning at high levels, as her failure has resulted in several rounds of lay offs.
While shares of Yahoo have risen during Bartz’s tenure at the company, the 38 percent growth has lagged far behind the approximate 80 percent gain for the Nasdaq Composite Index (COMP) during the same period of time she has headed the company; also far behind a lot of its tech peers.
Glassdoor.com. a career website, said the approval rating of Bartz has fallen to about 50 percent, a huge decline from the 77 percent she had enjoyed the year before. It's among the largest plunge in approval for CEOs for the year.
Other tech CEOs have seen their popularity fall as well, including Oracle Corp.’s (NASDAQ:ORCL) Larry Ellison, who saw his dip to 73 percent from 77 percent, and Microsoft Corp.’s (NASDAQ:MSFT) Steve Ballmer, whose approval rating fell to 40 percent from 46 percent; but nowhere near the drop experienced by Bartz.
The problem for Bartz is she simply offers no answers and little future vision for the company, which has resulted in the drop in confidence in her leadership.
Yahoo closed Thursday at $16.68, falling $0.06, or 0.36 percent.
Showing posts with label Steve Ballmer. Show all posts
Showing posts with label Steve Ballmer. Show all posts
Friday, April 1, 2011
Tuesday, February 15, 2011
Nokia (NYSE:NOK) Sees Android (NASDAQ:GOOG) as Top Competitor
While acknowledging Apple (NASDAQ:AAPL) is at top mobile phone competitor, Nokia (NYSE:NOK) CEO Stephen Elop has a priority of taking on Google's (NASDAQ:GOOG) Android-based phones first.
His reasoning is the huge ecosystem Android has and it multiple price points.
The iPhone operates in the high-end of the mobile market, so isn't a multiple threat yet, although there's talk of releasing a smaller version of a phone soon.
On the low end of the scale, some Chinese companies are also making big gains and must be taken into account, although they'll eventually start pressuring the high-end as well, although probably more down the road.
Elop said on Monday the company will work hard to deliver a smartphone in 2011 based on the Window Phone 7 platform.
Microsoft (NASDAQ:MSFT) CEO Steve Ballmer said in 2012 there should be a variety smartphone offerings from Nokia with Window Phone 7.
Interestingly, Elop added even with the new partnership with Microsoft, they'll continue to work on their old Symbian platform, which he called "capable," but need to be upgraded to a more contemporary user interface. He said improvements there should come in a fairly short time.
His reasoning is the huge ecosystem Android has and it multiple price points.
The iPhone operates in the high-end of the mobile market, so isn't a multiple threat yet, although there's talk of releasing a smaller version of a phone soon.
On the low end of the scale, some Chinese companies are also making big gains and must be taken into account, although they'll eventually start pressuring the high-end as well, although probably more down the road.
Elop said on Monday the company will work hard to deliver a smartphone in 2011 based on the Window Phone 7 platform.
Microsoft (NASDAQ:MSFT) CEO Steve Ballmer said in 2012 there should be a variety smartphone offerings from Nokia with Window Phone 7.
Interestingly, Elop added even with the new partnership with Microsoft, they'll continue to work on their old Symbian platform, which he called "capable," but need to be upgraded to a more contemporary user interface. He said improvements there should come in a fairly short time.
Nokia (NYSE:NOK) Deal Will Accelerate Windows Phone 7 Growth Says Ballmer
Microsoft (NASDAQ:MSFT) CEO Steve Ballmer said the deal with Nokia (NYSE:NOK) do use Windows Phone 7 will accelerate the growth of the mobile platform, adding that the company is working on upgrading WP& quickly.
Some of the improvements will include better Web graphics, improved multitasking, integration with Twitter.
He sees the handsets supplied from Nokia will be "absolutely phenomenal."
Commenting on the partnership, Ballmer said at the Mobile World Congress fair in Barcelona, "We're off to a strong start. We know we have a lot of work to do. We have a lot of energy, optimism and a sense of tremendous opportunity.
"We're sure Nokia's going to deliver absolutely phenomenal Windows phones."
As far as now, Ballmer said Microsoft expected to offer new entries in the lower-end market this year, and in 2012, a "significant volume of Nokia Windows phones" will be launched.
Although playing catchup with major rivals Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) in smartphones, the risky partnership does have a lot of upside potential over time.
Nokia closed Monday at $8.84, dropping $0.52, or 5.56 percent. Microsoft closed at $27.23, down $0.02, or 0.07 percent.
Some of the improvements will include better Web graphics, improved multitasking, integration with Twitter.
He sees the handsets supplied from Nokia will be "absolutely phenomenal."
Commenting on the partnership, Ballmer said at the Mobile World Congress fair in Barcelona, "We're off to a strong start. We know we have a lot of work to do. We have a lot of energy, optimism and a sense of tremendous opportunity.
"We're sure Nokia's going to deliver absolutely phenomenal Windows phones."
As far as now, Ballmer said Microsoft expected to offer new entries in the lower-end market this year, and in 2012, a "significant volume of Nokia Windows phones" will be launched.
Although playing catchup with major rivals Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) in smartphones, the risky partnership does have a lot of upside potential over time.
Nokia closed Monday at $8.84, dropping $0.52, or 5.56 percent. Microsoft closed at $27.23, down $0.02, or 0.07 percent.
Wednesday, February 9, 2011
Microsoft (NASDAQ:MSFT) Names Server Unit Head in Management Shakeup
With Steve Ballmer under pressure to generate more growth at Microsoft (NASDAQ:MSFT), he began the process with the removal of Bob Muglia as head of the server and tools business of the company.
Microsoft announced today they're replacing him with Satya Nadella, who headed up engineering for Microsoft's online services business.
This seems to confirm, at least in this case, that Ballmer is looking to put more engineers in management roles in the company to get their competitive edge back.
Under Nadella's most recent role were the Internet portal MSN and Bing, their growing search engine.
Microsoft was trading at $28.13, down $0.15, or 0.54 percent, as of 12:30 PM EST.
Microsoft announced today they're replacing him with Satya Nadella, who headed up engineering for Microsoft's online services business.
This seems to confirm, at least in this case, that Ballmer is looking to put more engineers in management roles in the company to get their competitive edge back.
Under Nadella's most recent role were the Internet portal MSN and Bing, their growing search engine.
Microsoft was trading at $28.13, down $0.15, or 0.54 percent, as of 12:30 PM EST.
Tuesday, February 8, 2011
Microsoft's (NASDAQ:MSFT) Ballmer Under Pressure, Shaking Up Management
After missing big in improvement market segments, Microsoft Corp. Chief Executive Officer Steve Ballmer being pressed by the Board of the company to start increasing the performance at the company.
According to those close to the matter, Ballmer is going to respond by placing more people with engineering backgrounds in senior product positions at the company.
Smartphones and tablet computers are of particular note in poorly executed products and campaigns, and there needs to be more focus and movement with Web services like cloud computing.
Major competitors like Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) enjoyed solid growth over the last year, while Microsoft shares have had little movement.
Overall, the pressure is on Ballmer to perform, and the perception, and probably reality, is he hasn't done the best job in putting the right people in the right positions.
It appears that's what the Microsoft management shaking up is going to be all about.
Microsoft closed Monday at $28.20, up $0.43, or 1.54 percent.
According to those close to the matter, Ballmer is going to respond by placing more people with engineering backgrounds in senior product positions at the company.
Smartphones and tablet computers are of particular note in poorly executed products and campaigns, and there needs to be more focus and movement with Web services like cloud computing.
Major competitors like Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) enjoyed solid growth over the last year, while Microsoft shares have had little movement.
Overall, the pressure is on Ballmer to perform, and the perception, and probably reality, is he hasn't done the best job in putting the right people in the right positions.
It appears that's what the Microsoft management shaking up is going to be all about.
Microsoft closed Monday at $28.20, up $0.43, or 1.54 percent.
Friday, January 14, 2011
Microsoft (Nasdaq:MSFT) May Struggle to Meet XBOX 360 Demand in Early 2011
Saying sales of the Xbox 360 during the Christmas season pressured inventory levels, Microsoft (Nasdaq:MSFT) announced there may be a shortage of the gaming system in the early part of 2011.
In December the software giant sold 1.9 million Xbox units, driven for the most part by the wildly popular Kinect device, which allows users to use the control system without using their hands.
To meet the unexpected surge in demand for December, Microsoft said they borrowed inventory they had set aside for January and February in order to meet it.
The popularity of Kinect caught Microsoft offguard, as when it was released in November, it sold 2.5 million units in the first 30 days. There is a bundle Microsoft is offering including the 250GB Xbox 360 and Kinect for $399. The 4 gigabyte version is being offered for $299.
Microsoft CEO Steve Ballmer has aluded to the probability Microsoft may expand the technology used for Kinect to other screens, such as TVs and PCs.
Microsoft was trading at $28.35, gaining $0.18, or 0.59 percent.
In December the software giant sold 1.9 million Xbox units, driven for the most part by the wildly popular Kinect device, which allows users to use the control system without using their hands.
To meet the unexpected surge in demand for December, Microsoft said they borrowed inventory they had set aside for January and February in order to meet it.
The popularity of Kinect caught Microsoft offguard, as when it was released in November, it sold 2.5 million units in the first 30 days. There is a bundle Microsoft is offering including the 250GB Xbox 360 and Kinect for $399. The 4 gigabyte version is being offered for $299.
Microsoft CEO Steve Ballmer has aluded to the probability Microsoft may expand the technology used for Kinect to other screens, such as TVs and PCs.
Microsoft was trading at $28.35, gaining $0.18, or 0.59 percent.
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