With the stock market regularly hitting new highs, there are numerous companies that are blessed with exceptional leaders. The CEO’s of two technology behemoths are particularly good examples of this: 1) Amazon is turning in to an amazing retail juggernaut, and 2) Microsoft has been totally rejuvenated by its initiatives into cloud services and turning Office into the Office 365 online subscription service.
Bob's Gutsy Leadership Blog
Archive for September, 2017
In recent weeks, the press has been full of stories and analyses of the various accidents involving Navy ships over the past year. What’s becoming apparent is a complete lack of leadership from the Navy’s top ranks.
The two most recent incidents were the most jarring. On June 17, the USS Fitzgerald collided with a merchant ship leaving seven sailors dead. On August 20, the USS John S. McCain collided with a Liberian-flagged oil tanker, leaving ten sailors dead. These two most recent accidents caused the top brass at the Navy to make the following predictable statement; “we will immediately launch a 60-day investigation into fundamental practices.” This sounds trite and political in the face of 17 deaths.
During the period from 1991 to 2000, Cisco Systems was the leader in providing the switches and routers that were the heart of internet infrastructure. During that period, Cisco’s revenue grew averagely about 50% per year. At one point, they were in fact the most valuable company on Wall Street as measured by market cap.