Marissa Mayer, Yahoo
Marissa Mayer, Yahoo
In all likelihood, Yahoo (YHOO) wasn't going to get its mojo back with a leader that procrastinated her way through her first quarter with the company. Sure, new CEO Marissa Mayer may fall in the more fastidious quadrants of the Myers-Briggs personality-type indicator. In fact, she could even be accused of having some control issues.
According to an article on website BGR, the former Google (GOOG) executive began imposing her "Googirl" work ethic on her new employees as soon as she took the helm. Product designers have been forced to produce at a far faster pace than they've been used to. Mayer allegedly approved a team's new unit pitch only if it could get to market months ahead of the proposed schedule.
This is, after all, the same person who engineered the perfect cupcake recipe by way of her own meticulously researched and logged spreadsheet data — and then repeated the process for frosting.
Perhaps a bit overbearing for some people's tastes, Mayer has insisted she personally sign off on every new company hire and on holding weekly "FYI meetings" that help her keep an eye on them.
If her first earnings call as Yahoo's CEO is any indication, there's a method to Mayer's micromanaging. The company beat analysts' forecasts of $0.25 a share, reporting a rise in third-quarter earnings by 66 per cent to 35 cents per share on $1.09 billion in revenue.
Have your say
The one luxury that I would pay extra for when looking for a home:
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- An indoor swimming pool or hot tub
- Heated bathroom floors (no more cold feet!)
- A heated driveway … No more shovelling!
- A home cinema room
Since the age of five, Christian von Koenigsegg knew he wanted to create the world's fastest car. On the floor of the New York International Auto Show,... More Since the age of five, Christian von Koenigsegg knew he wanted to create the world's fastest car. On the floor of the New York International Auto Show, he tells the BBC how he did it.
Date 8 hrs ago, Duration 2:59, Views 145