Re: Forget Mice... are you ready for subscription COMPUTERS?

Am 06.08.24 um 10:56 schrieb JAB:

Is one of the qualifications of being a CEO that you are completely clueless about your own market?

She is probably or very likely an MBA who got a shot at being a CEO without having any clue about the products they are selling! But she probably can sell herself really well, by convincing clueless people that she is the right woman for a high paying job. This looks more like another nail into the coffin of Logitech!
Not sure why she was chosen, only the Logitech Board of directors can explain that. But generally european companies after the founders retire
(tech companies always are founded by engineers) MBAs, clueless Bankers and laywers take over on the board of directors and CEO level and even in second management often coming from consulting firms and crossing over straight at that level, usually this is the beginning of the end and once this has been ongoing long enough the company goes down.
Engineers in Europe unless they run their own company usually hit a glass ceiling at middle management max where they cannot move higher!
While often MBAs and Laywers start at that level where the engineering ends! Thats also one of the main reasons why europe has been falling wayside technically compared to the US and other regions!
The prime example was Nokia of old which in the end was run by Laywers and MBAs
who did not have any clue on how far reaching the impact of the iPhone was.
The lower engineering levels tried to steer the ship into the right direction but the board of directors chose to hire a Microsoft MBA CEO which already people thought upfront was a juggernout to break the mobile division away and sell it off to M$. It came es expected, the first move from the CEO was to break all bridges which could work to steer Nokia entirely to the Windows Mobile division of Microsoft and later sell it off.