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I wonder though, if the fact that they have so much money (and thus so much to lose) is part of the reason why RIM has lost their direction? Surely that has to
by sc68cal 15y ago
I wonder though, if the fact that they have so much money (and thus so much to lose) is part of the reason why RIM has lost their direction? Surely that has to have some sort of cultural impact?
- hvs 15y agoCould be. Microsoft seems to have suffered a similar fate. My original point was that with a company that is that fiscally responsible, it is much less likely for it to go belly up than to flounder for a bit and then refocus and find its market.
- sc68cal 15y agoI agree. Your comment made me think, what would I do if I was the CEO of RIM? To be honest, it caused a sense of great dread, having to try and turn a company with that kind of inertia around, without screwing the pooch. Especially if $3 Billion is on the line. I find it more comfortable to be a little guy, where I can make a mistake that only wastes a little bit of money, or time. I'd prefer to have small and frequent failures than one HUGE one! That's what got me thinking about the culture in RIM - and perhaps the culture in any sufficiently large firm.
- SoftwareMaven 15y agoThat is exactly why proven "turn-around" CEO's get paid so much money.