On June 22, 2000, a few months after Steve Ballmer took over as CEO of Microsoft, the company summoned several hundred reporters and analysts to a conference center at its headquarters in Redmond, Washington. Ballmer, under pressure from a U.S. antitrust case and super-hot dot-com rivals, was set to unveil his company’s vision for the future of computing.
I bet this hasn’t just happened at Microsoft. There is a disconnect in many large corporations between the ‘seers’ and the ‘administrators’. I am afraid to say that all too often it’s the risk averse executives who win the day (the beancounters); but while they may win in the short term, they inevitably fail in the long one, as this article cogently explains. Think of Nokia too, for example. In the fast moving, global market of the 21st century there is no more room for lack of innovation, your customers expect you to reinvent yourself continuously, preferably taking into account their views too.
See on www.bloomberg.com