1858
Very poignant mail !!
Marissa Mayer has been with Google ever since its incorporation in 1999. She has very little experience outside of Google. Yahoo founders & Google founders, all started as PhD students at Stanford, although the former were much senior than the latter, and became friends later on; notwithstanding the fact that Yahoo's search engine was earlier powered by Inktomi - a rival to Google. Later on, of course, Yahoo licensed the search from Google.
Despite such close proximity between the companies, in my opinion, Mayer is more a technology-manager than a people-manager. The culture, ethos and everything about the two companies are entirely different - a very important aspect. Its not for nothing that the curriculum in all Business schools focusses so much on Organization Culture. Moreover, one needs to take the competencies into account while working on strategy.
The fact that while being appointed CEO last year, Mayer announced her pregnancy, worked from home herself; took a maternity leave (albeit a brief one), got made a nursery and staff for her new-born child, next to her office cubicle/chambers; joined with more than $3 million in salary and bonuses (apart from the generous ESOP at Google) - making her one of the highly paid CEO's; has not really endeared her to the Yahoo employees.
The fact that her diktat has given about 3 months of time (till June) to employees to Comply Or Quit; is seen more as a zero-cost lay-off plan for thee company; rather than any sincere attempts at close collaboration by physical presence in office.
It remains to be seen whether this gamble will pay-off or she will go the way of Carly Fiorina of HP, who joined with much fanfare and acclaim, but was ousted later, much to the relief of employees, shareholders and other stake-holders at HP.
Today is International Women's Day, and I wish the best to all women, whether managing home and household or office and workplace.
Warm regards.
From India, Delhi
Marissa Mayer has been with Google ever since its incorporation in 1999. She has very little experience outside of Google. Yahoo founders & Google founders, all started as PhD students at Stanford, although the former were much senior than the latter, and became friends later on; notwithstanding the fact that Yahoo's search engine was earlier powered by Inktomi - a rival to Google. Later on, of course, Yahoo licensed the search from Google.
Despite such close proximity between the companies, in my opinion, Mayer is more a technology-manager than a people-manager. The culture, ethos and everything about the two companies are entirely different - a very important aspect. Its not for nothing that the curriculum in all Business schools focusses so much on Organization Culture. Moreover, one needs to take the competencies into account while working on strategy.
The fact that while being appointed CEO last year, Mayer announced her pregnancy, worked from home herself; took a maternity leave (albeit a brief one), got made a nursery and staff for her new-born child, next to her office cubicle/chambers; joined with more than $3 million in salary and bonuses (apart from the generous ESOP at Google) - making her one of the highly paid CEO's; has not really endeared her to the Yahoo employees.
The fact that her diktat has given about 3 months of time (till June) to employees to Comply Or Quit; is seen more as a zero-cost lay-off plan for thee company; rather than any sincere attempts at close collaboration by physical presence in office.
It remains to be seen whether this gamble will pay-off or she will go the way of Carly Fiorina of HP, who joined with much fanfare and acclaim, but was ousted later, much to the relief of employees, shareholders and other stake-holders at HP.
Today is International Women's Day, and I wish the best to all women, whether managing home and household or office and workplace.
Warm regards.
From India, Delhi
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