What Happened At Yahoo?
from the anyone-heard-of-delegation? dept
The Wall Street Journal tries to figure out what went wrong at Yahoo! and they conclude that the core 6 people on the executive staff never learned to delegate, despite the size of the company. It sounds as though almost all major decisions were still going through those top officers. Plus, they had a horrendous time keeping talented executives at acquired companies - since they would never give them any real power.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Hindsight is 20/20
Looking back at the slow decline of YHOO stock, and especially at some of the news in recent months, one can say that the writing was on the wall, but this article seems to indicate an abrupt turnaround in the street's view of Yahoo management. Prior to this week, the prevailing attitude seemed to be that Yahoo was being dragged down by the market in general and would be one of the few companies to weather the storm.
I suppose if eBay tanks one day, a day or two later we'll get another article explaining how poorly it was run.
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Pissed
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