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For John Richard Bell it was a bizarre change in career direction. The management team focused on coffee. The goldenparachute was nice, but the passion and the purpose was suddenly gone.”. POW camp full of homicidal Nazis. Yet it all worked out in the end. Last month, a U.S. More than 300 workers lost their jobs.
For John Richard Bell it was a bizarre change in career direction. The management team focused on coffee. The goldenparachute was nice, but the passion and the purpose was suddenly gone.”. POW camp full of homicidal Nazis. Yet it all worked out in the end. Last month, a U.S. More than 300 workers lost their jobs.
Palmisano warned against prioritizing shareholders or other constituents, calling this "a false choice," and explaining that "Long-term management is a serious challenge in a world driven by short-term thinking. In 2009 he called off the $7 billion acquisition of Sun Microsystems in part due to Sun's egregious goldenparachutes.
Although the fall of Yahoo was probably inevitable, our fascination with celebrity leaders has resulted in an extraordinary amount of interest in Marissa Mayer’s recent resignation as CEO, in particular her $23 million goldenparachute. Leading a turnaround requires much more than making a splash.
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