DailyFinance names RIM Co-CEO's on Top 9 CEO's who need to be fired list, do you agree?

 

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An interesting piece was published this week by the folks at DailyFinance and it got us here at CrackBerry talking quite a bit about it, tossing around some ideas and thoughts, and we wanted to get your input as well. The article dives into 9 CEO’s that they believe should be fired, and some of the business results behind why they say that.So it got us wondering, would it be a good idea to start fresh with some new CEO’s at the top? We certaintly don’t think so, but unfortunately some of you do agree.

We know RIM has been coming out with some new great stuff, look at the BlackBerry PlayBook, and the BlackBerry Bold 9900, but could the envelope be pushed even further with some fresh blood at the top of the food chain? Or should the folks who founded the company and have seen it through all the changes continue to reign at the top? We know change is usually good, but is this the change that RIM needs? Let us know what you think!

Source: DailyFinance

RIM Co-CEO's given 6 months to prove value of Co-CEO position

The tech and business world has been reporting on the value of a Co-CEO position at RIM for quite some time.  But the chatter really picked up steam with inventor Northwest & Ethical Investments LP called for the roles to be split up last month.  At the annual shareholders meeting this week in Waterloo there was to be a vote on this proposal, but Northwest withdrew their motion and have give the company 6-months to show that this shared CEO role can work.

The rational behind this current RIM hating is a mystery to me.  If the only measure of RIM was their market share position, than I would be at the front of the line wondering WTF the boys in Waterloo are doing.  BUT that isn’t the whole story.

• Are profits increasing each quarter compared to same quarter last year?  YES
• Are the number of devices sold in each quarter increasing over previous quarter?  YES
• Are company revenues not tied to one single product or vertical?  YES, in fact 40% over revenue in previous quarter came from licensing, not hardware sales

“But their market share is slipping and OS7 is just rearranging the deck chairs on the Titanic!” Well OK the BlackBerry has 40% smartphone market share in 2009, but total smartphones in the US as a percentage of all cell phones was only 19%.  So RIM had 40% of a 19% market.  Fast forward to 2011 when many are predicting that Ontario Hydro will turn off the electricity at RIM because they won’t have enough money to pay the bills.  Smartphones now account for 40% of all cell phones in the US.  And RIM’s share is down to 24.7%.  If I was running a business selling smartphones, I’d prefer 24.7% of 40% over 40% of 19% everyday of the week.

Is Waterloo the Garden of Eden?  No, of course not.  I believe that RIM does need to get things rolling and quickly, but the RIM Book of Revelations is not here either.  Kevin’s RIMPIRE Strikes Back campaign is spot on and needs our support!  The BlackBerry platform is here to stay.

Source: Bloomberg Businessweek

via: CB