Linked by Thom Holwerda on Thu 14th Jun 2012 15:15 UTC, submitted by Jos
PDAs, Cellphones, Wireless And the burning platform is still, uhm, burning. "Chief Executive Stephen Elop is placing hopes of a turnaround on a new range of smartphones called Lumia, which use largely untried Microsoft software. But Lumia sales have so far been slow, disappointing investors." It's a shame to see a once proud company in such a downward spiral, but alas, it's the way of business. If you get complacent - as Nokia had gotten - you will fail.
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Hubris
by one_of_many on Fri 15th Jun 2012 01:14 UTC
one_of_many
Member since:
2009-01-01

I often wonder if the CEOs of companies like Nokia and RIm ever take a break from admiring their own reflections and lining their bonus packages to actually consider their customers, and shareholders for that matter. Why do they plunder shareholder value by alienating customers? Two mighty companies eviscerated by the hubris of their so-called leaders.

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