My weekly column
in today's Financial Post looks at some of the most pleasant and
troubling high-tech surprises in 2005. The highlights include the rise
of Firefox (10% market share and counting) and the reinvigoration of the browser market – even if Flock stumbled out of the gate with a not ready for prime-time beta.
Another positive was the return of the entrepreneur and the start-up
after they both disappeared for a few years after the dot-com bubble
burst. The not-so-good moments included Nortel Networks, which has
seemed to perfect the two steps forward-one step back dance. The
classics moves were the hiring of Gary Daichendt as COO – only to see
him quit three months later after a failed attempt to dethrone CEO Bill Owens; and the subsequent hiring of Mike Zafirovski as CEO – only to see him sued by Motorola for breaching his termination agreement.
-
Mark’s Blogs
Find ME Online
-
One Comment
I am surprised you never wrote a piece about the old Nortel board and their role in Nortel's problems. They were composed of the heavyweights of Canadian politics and business. But, they approved the aggressive acquisition spree of the 90's, they appointed Roth, they appointed Dunn, they appointed Daischendt, they appointed Owens, they saw the financial results from Dunn, etc etc.. Although the board seem to be exonerated by the Wilmer Cutler lawyers that they commissioned, it is rather strange………