Ask someone about Motorola’s latest management rejig and you’d perhaps hear just a ‘sigh’, with a sardonic grin!
After all, times must be quite desperate for Ed Zander, CEO, Motorola Inc. to confess, “Performance in our mobile devices business continues to be unacceptable...” Reasons enough for a change in top management, which included the appointment of Greg Brown as President & COO and Thomas Meredith as acting - CFO.
Motorola gave yet another shocker to its shareholders on March 21, 2007 with its dismal first quarter 2007 outlook, warning investors of a ‘negative’ EPS between $0.07 & $0.09! While the MotoRazr rocked; the company had become oblivious of successful launches by competitors.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
After all, times must be quite desperate for Ed Zander, CEO, Motorola Inc. to confess, “Performance in our mobile devices business continues to be unacceptable...” Reasons enough for a change in top management, which included the appointment of Greg Brown as President & COO and Thomas Meredith as acting - CFO.
Motorola gave yet another shocker to its shareholders on March 21, 2007 with its dismal first quarter 2007 outlook, warning investors of a ‘negative’ EPS between $0.07 & $0.09! While the MotoRazr rocked; the company had become oblivious of successful launches by competitors.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative