By Rebecca O. Bagley If you don’t do it, your competitor will. That was the message former Microsoft COO Bob Herbold delivered to professors, students and business leaders in Cleveland recently. Herbold spoke at the Case School of Engineering’s annual banquet, where he shared his insights on leadership, innovation and entrepreneurship. Herbold shared two well-known stories […]
Bob's Gutsy Leadership Blog
Archive for March, 2014
During the 2003 to 2007 period, Abercrombie & Fitch was highly successful, featuring clothing for the “elite, cool, young adult,” with advertising that was very brash and sexy. The stock price rose from $30 to the low $80 range. In a recent issue of the New York Magazine, the story is told of that successful period, and the difficult times since then, with the stock bouncing around in the low $30’s recently.
In a recent Businessweek article, the writer pointed out that IBM’s CEO promised that Watson, their supercomputer that had success answering tough trivia questions on the TV show Jeopardy, will generate $10 billion in annual revenue within 10 years. This is surprising, given that the CEO also noted that Watson is currently generating business at […]
A recent Harvard Business Review article reported on research dealing with the role of “sense of purpose” in enabling companies to attract top talent and achieve strong results. They single out BlackRock as a prime example. Founded 25 years ago, BlackRock has quickly become the largest asset management firm in the world. Currently it is generating its best ever revenue and profits, and its stock price is up 50% versus year ago and is five times higher than it was in 2004.