LIKE AN NFL changing room, the technology industry is littered with the bodies of fallen champions, from AOL to Yahoo to Blackberry, in urgent need of rehabilitation. Ten years ago many might have expected Microsoft to end up in the same state. But the software giant has made a startling comeback, regularly vying for the title of the most valuable company on global stockmarkets, with a market capitalisation above $1trn. The story of this revival is the subject of a new case study by Hermania Ibarra and Adam Jones of London Business School (LBS). In large part, the success has resulted from a shift away from a focus on the Windows operating system and towards Azure, Microsoft’s cloud-based services offering. It involved a willingness to let Microsoft programs run on Apple and Android smartphones, something the company had previously avoided. Get our daily newsletter Upgrade your inbox and get our Daily Dispatch and Editor's Picks. However, the turnaround also required a change … [Read more...] about Microsoft’s transformation required a change of culture
Changing corporate culture
Kristian Rouz — Britain's top financial market watchdogs has unveiled its five main priorities for the fiscal year 2019/2020, by which time the UK is expected to have finally left the European Union. The regulator says it will focus on making the UK's financial system more transparent, customer-friendly, and fair, while also cutting red tape by implementing the latest technology. © REUTERS / Darren StaplesCorbyn Slams UK Cabinet for 'Dithering' on Brexit Over Coveted US-UK Trade DealAccording to a new annual business plan from the Financial Conduct Authority (FCA), the regulator's main mission for the given period is to support an orderly transition to full independence from the EU — including a smooth exit from the bloc's regulatory and oversight frameworks. The FCA said it would continue its mission, working with the UK's financial enterprises and advancing their interests in the … [Read more...] about UK’s Main Financial Regulator Says Rules Will Change After Brexit
Let's take an example from the very competitive IT industry, where only a handful of companies stand out. One of them, Centiro, is repeatedly recognized as a Great Place to Work in Sweden in specific and Europe in general. Centiro is a logistic software firm from Borås who are transforming the world of technology. The Gartner Group calls them a “cool vendor.” What makes them cool is their ethos ofcreating a competitive advantage through corporate culture. But what does it take to be among the best places to work for in Europe?According to Centiro CEO Niklas Hedin, "I always call the customer and ask them, why did we win? And they will most of the time say, 'It’s about your people, it’s about the way you interact with us and the feeling you create'" According to Hedin, the company's "culture and people in the organization are our competitive advantage."We’re a technology company, and you could emulate our technology in no time these days, and you … [Read more...] about Can we Turn Corporate Culture into Competitive Advantage?
Legend is a much overused word, but for some, very special, people it’s wholly appropriate. And particularly so when discussing the Plymouth business leaders who have spent a decades at the top. With the 2019 Plymouth Business Awards closing for nominations on Sunday, March 24, what better time to look aback at all the winners of the Lifetime Achievement honour. All these people have been honoured since the awards were inaugurated in 2011. And each is continuing to blaze a trail across the business firmament. Proving that even though you’ve won a lifetime achievement award, it doesn’t mean your lifetime or achievements are done. Another business great will win in 2019, along with other top companies and individuals. So why not enter? It’s not too late, just click here. And if you need inspiration, well, let Plymouth’s business legends inspire you. Keith White – jeweller in the crown In 2017 Plymouth-based jewellery business Michael Spiers celebrated … [Read more...] about The legends of Plymouth business who have changed the city
Robert Bridge is an American writer and journalist. Former Editor-in-Chief of The Moscow News, he is author of the book, 'Midnight in the American Empire,' released in 2013. Capitalism has traditionally ranked alongside apple pie and baseball in the hearts of Americans, yet Socialism is reportedly winning over the youth. Did they miss the mainstream reports about empty store shelves in Caracas? Venezuelan President Nicolas Maduro, under duress from the US and its allies, must have enjoyed a good laugh this week when he read the news out of America. As Washington looks determined to support the overthrow of Venezuela’s democratically elected Socialist government, with a puppet leader already waiting in the wings, a new poll showed that 61 percent of Americans aged 18 and 24 have a favorable attitude to the term ‘socialism’. Capitalism, still weathering the storm despite the Great Depression, the Great Recession, and Jeff Bezos, got a 58-percent favorability … [Read more...] about Born in the USSA? Americans cozy up to Socialism as Neocons pursue regime change in Venezuela