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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

So is John Rice, the head of Global Operations along with CFO Jeffrey Bornstein. Increase operating margins to 18% (by cutting expenses). At GE the biggest problem in 2017 was major revenue misses in their Power business.) . — In June 2017, the board “retired” Jeff Immelt and promoted John Flannery to CEO.

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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Microsoft left the 20 th century owning over 95% of the operating systems that ran on computers (almost all on desktops). Between 2001 to 2008, Jobs reinvented the company three times.

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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Microsoft left the 20 th century owning over 95% of the operating systems that ran on computers (almost all on desktops). Between 2001 to 2008, Jobs reinvented the company three times.

Azure 120
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Is the Lean Startup Dead?

Steve Blank

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. It helped that in the nuclear winter that followed the crash, 2001 – 2004, startups and VCs were extremely risk averse and amenable to new ideas that reduced risk.

Lean 335
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Ecommerce: How to Survive its Troughs

ReadWriteStart

The rise of ecommerce started in 2001 – during the growth of the commercial availability of the internet in households. For most online vendors, this new revenue model was a significant change in the way brands set advertising campaigns. It’s the extent of this phenomenon that has resulted in soaring businesses across the world.

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10 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

When it launched in 97 it was a DVD rental business whose only real value proposition was the mail-order element of its operation. The founders eventually created custom cereal boxes to raise funds so they could continue to operate. billion in annual revenue. Airbnb now makes $2.5 4- My story with a small military contractor.

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Three Counterintuitive Ways To Build A Business That Lasts

YoungUpstarts

Despite being a bootstrapped company with little revenue, we over-invested in a central New York City office at a rate of 15% rent to revenue. Successful skin care company Ella Baché has been in operation since 1936. This is the route Fog Creek took 15 years ago when we were first starting out.