« The Elusive Smartbook Beast Gets Less Elusive | Main | Why Is MediaTek So Damn Good? »

Fable: The Company Which Dominated The World In A Decade

In 1990 a young banker was put in charge of an unprofitable cellphone manufacturer with the brief to decide whether it was worth investing in it, or whether it should be sold off.

 

The banker decided it was worth investing in three things: more manufacturing capacity to increase volume output; evangelism to establish a global brand name; a move from analogue phones to digital phones.

 

The evangelism was achieved not only through advertising agencies, but by unleashing a tribe of employees steeped in a free-speaking company culture, onto the conference and business meeting circuit. The tribe made friends and allies by being open, engaging, challenging and humorous.

 

By 2000, the cellphone manufacturer had 30% global market share, $30 billion of annual revenues growing at 100% a year and a market cap of $200 billion. Between 1995 and 2000, its shares increased 2,300%.

 

MORAL: Where There's A Will There's A Way.

TrackBack

TrackBack URL for this entry:
http://www.electronicsweekly.com/cgi-bin/mt/mt-tb.cgi/70645

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

About

This page contains a single entry from the blog posted on November 26, 2009 2:46 PM.

The previous post in this blog was The Elusive Smartbook Beast Gets Less Elusive.

The next post in this blog is Why Is MediaTek So Damn Good?.

Many more can be found on the main index page or by looking through the archives.

Sign up for the new weekly Mannerisms eNewsletter. Get the latest posts straight to your email inbox, no fuss. Tick the option for Semiconductor commentary.

RSS Subscribe to this blog's feed
[What is this?]
ElectronicsNews on Twitter Follow ElectronicsNews on Twitter

Advertisement


Recent Comments

Archives