Sun, Sep 21, 2014, 6:23 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Alcatel-Lucent Message Board

  • mrworldwide_challenger mrworldwide_challenger Jun 6, 2013 7:53 PM Flag

    Double Entendre

    Mr. Verwaayen admitted he is "not good at execution."

    June 19, 2013

    The "executions" begin!

    The die is cast!

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I have always found it mind boggling that Ben admitted that he is not good at execution.

      When he was hired, the company was bleeding BILLIONS per year in losses. That being the case, one would assume that the foremost executive skill REQUIRED, bar none, would have been EXECUTION.

      And what does the board do?

      They hire a guy who years later admits that he is not good at execution.

      It is very hard to wrap your brain around that kind of logic.

      • 2 Replies to rumors_twilight
      • "... I have always found it mind boggling that Ben admitted that he is not good at execution. ... They hire a guy who years later admits that he is not good at execution ...It is very hard to wrap your brain around that kind of logic. ..."

        I find it mind boggling that you keep harping on about this. If you speak multiple languages you should know it's much easier to avoid those "oops" in your native languages. I suppose Dutch and French are the native languages of Mr. Verwaayen. Also, the context in which he made this statement might help understand it.

        "... one would assume that the foremost executive skill REQUIRED, bar none, would have been EXECUTION. ..."

        IMO, at that time, the most urgent executive skill was to move ALU back onto a path of marketable innovation, which clearly occurred during his tenure.

        It's not all black-and-white.

      • You are 100% correct. I can see the interview in my mind's eye:

        CFO - "Numbers are not my strong suit"
        ALU - You're hired!

        Human Resources Administrator - "I'm not really a people person"
        ALU - You're hired!

        Janitor - "I'm allergic to most cleaning chemicals"
        ALU - You're hired!

        Sentiment: Strong Buy

 
ALU
3.30-0.02(-0.60%)Sep 19 4:05 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.