Comments
DHagar
6/19/2017 5:00:45 PM
User Rank Platinum
Re: Yahoo didn't have a Steve Jobs...
@elizabethv, most employment contracts (which set up the parachutes) are based on expectations for what value the executive will bring - so they are placing bets that the name, contacts, vision, execution, etc., will deliver this value to the company. So in my mind, it is less a matter of expectation of how they will manage and more a bet on what they can create.
The parachute then exists - one way or the other - based on this expectation. Plus, don't forget these contracts are also intended to compete against other companies who may want this executive.
DHagar
6/19/2017 5:02:58 PM
User Rank Platinum
Re: Yahoo didn't have a Steve Jobs...
@mhhf1ve, I agree with your assessment. She did not fail, she just did not have that "superman" capability of a rare Steve Jobs (there was only one), to pull the company out of its existing nosedive.
Michelle
6/19/2017 11:51:04 PM
User Rank Platinum
Re: Yahoo CEO Exits
@elizabethv Yes, she'd worked in upper level management at Google for quite some time. I believe she was one of the first engineers hired. She seemed like the right choice at the time.
I believe Yahoo was a sinking ship long before Meyers was hired. I don't know that she could have done enough to keep it afloat. It's unfortunate the old brand is dying out...
Michelle
6/19/2017 11:51:55 PM
User Rank Platinum
Re: Yahoo CEO Exits
Heh, thanks for the "like". Likes aren't as obvious here as they are on other sites that shall not be named...
srufolo1
6/20/2017 1:55:27 PM
User Rank Platinum
Re: Yahoo CEO Exits
@Michelle. You're welcome. Always looking for the "Like" button, but then realize I actually have to "Reply" to someone's comment.
elizabethv
6/21/2017 9:10:14 AM
User Rank Platinum
Re: Yahoo didn't have a Steve Jobs...
@DHagar - I didn't even think about a persons contacts as being a part of why a person might be desirable to a company, but you're definitely right in that respect. As much as I hate it, networking is a huge part of our world today, and who you know can really make a difference in a lot of ways.
elizabethv
6/21/2017 9:11:22 AM
User Rank Platinum
Re: Yahoo CEO Exits
@Michelle - But then my thought would go to - if it was a sinking ship, and she was THAT good, why didn't she know that and know to leave well enough alone? Or maybe there was a part of her that believed she could save it, and she ended up just being wrong.
DHagar
6/21/2017 5:58:47 PM
User Rank Platinum
Re: Yahoo didn't have a Steve Jobs...
@elizabethv, great thoughts. Yes, networking is key and becoming a growing influence on how we socially and professionally function and operate in an ever changing world.
DHagar
6/21/2017 6:00:13 PM
User Rank Platinum
Re: Yahoo CEO Exits
@elizabethv, I do think she tried and believed that her efforts and acquisitions would work. I don't believe she sat by and just watched the ship sink.
DHagar
6/21/2017 6:02:53 PM
User Rank Platinum
Re: Yahoo CEO Exits
@Michelle, I agree with you. She was viewed as a capable executive. But Yahoo had a long long way to climb back in order to become competitive. It is no longer enough to just be in the game, you have to remain competitive and continue to reinvent yourself - in a time period that enables you to transition. They threw her the ball late in the game.
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