Saturday, July 17, 2004

Chief Scientist's are not always in favor of more technology investment

Chief Scientists, standing in for the CTO in this case, must consider the financial situation of the company. More technology investment is not always what the company needs right now.

"McNealy was bucking not just the counsel of outsiders but also that of his own lieutenants. After the tech industry went into its long slide in late 2000, virtually his entire management team, including Chief Scientist Bill Joy and President Edward J. Zander, pleaded with McNealy to scale back his vision and adjust to meaner times."

Web Source: BW Online | July 26, 2004 | Sun: A CEO's Last Stand

Sun Stock Performance


Post a Comment

Subscribe to Post Comments [Atom]

<< Home