kaal:claim:2922176-006
Microsoft lost relevance under Steve Ballmer because it optimized for short-term financial metrics instead of designing products for the next generation of consumers, even while sales tripled and profits doubled.
Source quote, verbatim
Microsoft missed these developments because it focused on short-term financial metrics, rather than on designing products relevant for the next generation of consumers.
From
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017), II. Common Characteristics of Disrupted Companies, p. 8
https://ssrn.com/abstract=2922176 · source PDF
Cite as
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176
Holds when
Classification
failuresupport: evidencedfailure: profitable irrelevancefamily: short-termismrisk-and-incentives
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