T.R | Title | User | Personal Name | Date | Lines |
---|
1993.1 | Bad news ! | CHEFS::HEELAN | Arbol�, arbol�... seco y verde | Fri Jul 17 1992 10:57 | 9 |
| What a shame !
PCF has done an outstanding job in Europe and has great management
ability and style. He is one the relatively few top managers who knows
how to "tell it as it is". Listening and talking to him is always a
morale boost.
John
|
1993.2 | It's now confirmed to employees | SHIRE::MSTEINER | | Fri Jul 17 1992 11:10 | 70 |
|
This message is sent to:
All EHQ and SA employees.
From: Communications - Europe
Friday July 17, 1992 - 14:00
DIGITAL ANNOUNCES RESIGNATION OF PIER CARLO FALOTTI
The Corporation announced today, in Maynard, that Pier Carlo Falotti
had tendered his resignation as president and chief executive officer
of Digital Equipment Corporation International (Europe).
The text simply said the following:
Maynard, MA -- July 17, 1992 -- Digital Equipment Corporation announced
today that Pier Carlo Falotti, President-Digital Europe, has resigned
from the company. John F. Smith, senior vice-president, Operations, to
whom Mr. Falotti reported, will assume his duties in the interim.
"Pier Carlo has been a valued and respected manager and has contributed
markedly to Digital's success," said Smith. "His legacy is a strong
management team and a healthy business focused on industry and customer
solutions."
[end of statement]
Pier Carlo joined Digital in 1969 as field service manager for
Digital's Italian subsidiary. In 1972, he transferred to European
headquarters in Geneva as field service manager, Southwest Europe
Region (Belgium, France, Italy, the Netherlands, Spain, Switzerland and
Yugoslavia).
He held this position until 1977, when he was named head of the entire
European Field Service function, with responsibilities for all hardware
service and support activities in Europe.
- 2 -
He was named a vice-president of Digital Equipment Corporation in 1981.
Two years later, in 1983 he was appointed as head of all European field
operations. He became president and chief executive officer of Digital
Equipment Corporation International (Europe) in 1985 and immediately
assumed responsibility for all of Digital's operations in Europe,
Africa, and the Middle-East.
Pier Carlo's legacy includes many significant contributions to
Digital's business, most notably in the areas of investment in growth
market sectors and the successful development of new geographic
regions. He was highly regarded within Digital for his leadership
qualities and widely respected within the European business community.
[ends]
Distribution:
TO:
SUBSCRIBERS:@A1_NEUCHATEL SUBSCRIBERS:@A1_LEMAN@GEO SUBSCRIBERS:@A1_BEST1@GEO
SUBSCRIBERS:@GVA05A1@GEO SUBSCRIBERS:@AMISA1@GEO SUBSCRIBERS:@GVA02A1@GEO
|
1993.3 | Falotti rumoured to have gone to Olivetti | STOAT::BARKER | Jeremy Barker - CBN - Reading, UK | Fri Jul 17 1992 13:32 | 4 |
| Does anyone know where Falotti has gone to? There's a rumour around here
that he has gone to Olivetti.
Maybe to protect Digital's investment there???
|
1993.4 | PCF could only protect Olivetti | ZUR01::SUTTER | Who are you ??? - I'm BATMAN !!! | Fri Jul 17 1992 16:01 | 13 |
| Re. -1:
>Maybe to protect Digital's investment there ??
PCF could not be paid by Olivetti and protect DEC's investment in
there. He, as an Italian, would only protect Olivetti!!
I rather think this is a reaction to KO's decision of electing Rob.
Palmer as his successor; although he would have asked too much from DEC
(as an US Company) to be considered as KO's follower!!??
It wasn't the case at Chrysler and certainly won't be the case at DEC.
Arnold
|
1993.5 | PFC---> why ASK why | ADVLSI::HADDAD | | Fri Jul 17 1992 16:17 | 22 |
| Copyright � Dow Jones & Co. 1992
Source: DJ International Financial News Wire
Headline: Ask Cos. CEO-2: Falotti Named Director, Boosts Bd To 6 >ASKI
Time: Jul 17 1992 1501
Story:
MOUNTAIN VIEW, Calif. -(AP-DJ)-- Ask Cos. (ASKI) said it has appointed Pier
Carlo Falotti chief executive, effective Sept. 1.
In a press release, Ask said Falotti also will become a director, boosting
its board size to six, from five.
Current Chief Executive Sandra L. Kurtzig, who founded Ask in 1972, will
remain chairman of the board.
Falotti has been president and chief executive of Digital Equipment Corp.'s
European operations since 1983.
-0- 1900GMT
categoryIndustry I/CPR I/SOF
categorySubject N/INV N/WER
categoryMarketSector M/TEC
categoryGeographic R/CA R/MA
categoryCompany ASKI DEC WNEWS
|
1993.6 | | SDSVAX::SWEENEY | Rum, Romanism, Rebellion | Fri Jul 17 1992 16:22 | 75 |
| Copyright � Dow Jones & Co. 1992
Source: Business Wire
Headline:
Pier Carlo Falotti, DEC's European president, named chief executive officer
of The ASK Companies
Time: Jul 17 1992 1516
Story:
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Sandra L. Kurtzig, chairman and
chief executive officer of The ASK Companies (NASDAQ:ASKI), Friday announced
the appointment of Pier Carlo Falotti as her successor as the software
company's chief executive officer.
Falotti, 50, has been president and chief executive officer of Digital
Equipment Corp.'s European operations since 1983.
Kurtzig, 45, who founded ASK in 1972, said she will relinquish her chief
executive role, effective Sept. 1, 1992, but will remain chairman of The ASK
Companies' board of directors. Falotti will become a director of The ASK
Companies.
``Pier Carlo Falotti is a standout in the computer industry and the right
person to lead our company through its next period of growth,'' said Kurtzig,
who took a hiatus from managing ASK in the mid-1980s, returning in 1989 to
execute the successful turnaround of ASK and the acquisition of Ingres Corp.
Today, The ASK Companies is one of the 10 largest software companies in the
world. Almost 50 percent of its more than $400 million in sales are outside
of the United States.
Falotti, who has been with Digital for 23 years, is credited with
masterfully organizing and leading DEC Europe through a high-growth, 10-year
period that saw it go from $900 million to $7 billion in sales and from 25
percent to 50 percent of Digital's worldwide revenues to become second only to
IBM as the top computer supplier.
``Pier Carlo's demonstrated success as a customer-oriented, motivating
leader makes him an outstanding individual to run and grow The ASK
Companies,'' Kurtzig said. ``His track record is impressive by every measure.
Besides the tremendous European growth in revenue and profitability which
Pier Carlo led, he executed the first and some of the largest of Digital's
joint ventures and acquisitions.''
Falotti, an electrical engineer by education, joined Digital's Italian
subsidiary from Sperry-Univac Inc. in 1969 and rose through the ranks of the
company's European field service organization, becoming responsible for
Digital's European field service operations in 1978. In 1981 he became a
Digital vice president and was elevated in 1983 to president and chief
executive officer of DEC Europe, based in Geneva.
As chief executive officer of DEC Europe, which currently has about 34,000
employees, he has been the innovator of many new selling, service, training
and organizational methodologies and models that have later become corporate
standards throughout Digital.
``It's clear the growth, innovation and excitement in the computer business
in the coming years will be on the software side of the house,'' Falotti said.
``My discussions with ASK over the past five months have convinced me ASK is
well positioned as the premier business-to-business software supplier.
``I'm impressed with the solid foundation Sandy has built, her vision and
the progress the management team has made in recent years. I'm very excited to
have a significant role in ASK's future.''
Falotti will take over an ASK that is much different than the ASK Computer
Systems of three years ago, when Kurtzig returned to turn around the company's
slowing growth and profitability after a four-year break from active
management of the company she founded.
Since her return, the company's revenue has more than doubled and
international sales have tripled, due primarily to the acquisition of Ingres,
the relational database management system (RDBMS) pioneer based in Alameda,
Calif.
Kurtzig installed a new management team and, a year ago, reorganized The Ask
Companies into three focused, decentralized business units -- Ingres, ASK
Computer Systems and Data 3. This organizational structure will continue
under Falotti. The presidents of the business units are Eric Carlson of ASK,
Dennis McGinn of Ingres, and David Sohm of Data 3.
They, along with Chief Financial and Administrative Officer Les Wright, will
report to Falotti.
``We've achieved a number of important milestones, including the development
of significant new products in each of the businesses,'' Kurtzig said.
``We have a very strong management team and a very exciting future. Due to
excellent cash flow and profitability, we were able recently to pay off, ahead
of schedule, bank borrowings incurred in 1990 to acquire Ingres.''
Born in Turin, Italy, Falotti moved to Geneva in 1973. He and his wife, who
have two children, will be relocating to California.
|
1993.7 | Who's our Churchillian motivator to be? | CHEFS::OSBORNEC | | Sat Jul 18 1992 09:11 | 31 |
|
Variety of interesting points about PCF's move, discounting the reasons
why....
- he's relocating to California, but was widely rumoured in DEC
Europe to have not wanted to relocate to US for DEC in the past
- he's very clearly stating that software is where the action is
- all the plus points listed in the ASK PR note about his
personality would be endorsed by the overwhelming mass of European
staff -- just highlights the loss to DEC
- not at all clear who will step into his shoes as the charismatic
man-manager & leader -- We're not over-burdened with those job skills
- for many inside & outside DEC, the two announcements re Ken & PCF
have different connotations -- 1 seen has having a glorious past, the
other credited with having the potential for a glorious future.
- wouldn't be at all surprised for PCF's departure to encourage exit
by other ambitious & competent senior staff -- which we cannot
afford to see happen
- hope there is some very public, competent, team-building done with
great speed. What's the old saying? "Nature abhors a vacuum" -- so
should DEC if it intends to convey to all of us urgency in the
implementation of a well-defined battleplan for survival
Colin
|
1993.8 | Sandra Kurtzig did one hell of a good job! | IW::WARING | Simplicity sells | Sat Jul 18 1992 17:01 | 16 |
| I'm very sad to see PCF go. He's been visibly supporting the software
business in Europe over the last couple of years, efforts largely diffused
on the management chain down.
I once wrote to Olsen asking to post a note about "Why he hates databases",
and had corporate security mail me back to decline the request. The one time
I mailed PCF after he publicly forgot to mention "software" as one of the
key profit growth areas here, I got a personal reply back in two days with
his action plan to fix things.
My old boss once mailed PCF a courtesy copy of DECdirect's annual report,
which included all the frustrations they had with internal pieces of the rest
of the company. The mail came back in paper form with all the fix actions -
involving many senior DEC managers - handwritten point by point. That guy was
all action, and will be badly missed by us.
- Ian W.
|
1993.9 | | HAAG::HAAG | Got to keep on keepin' on | Sat Jul 18 1992 18:01 | 13 |
| Well Ian,
If what you say about PCF is true, and I have absolutely no reason to
doubt it, we have indeed lost yet another very valuable person. It is
really scary to see, from all areas of the company, some of our very
best just saying to hell with it and moving on. The "brain drain" must
stop. And soon.
Best of luck.
Rgds,
gene.
|
1993.10 | Pier Carlo's parting message | MAZE::FUSCI | DEC has it (on backorder) NOW! | Thu Jul 23 1992 17:24 | 51 |
| From: NAME: Pier Carlo FALOTTI @GEO
FUNC: EUROPE
TEL: 821-4961/Public:(41)22 7094961 <FALOTTI AT AMISA1 @EHQMTS @GEO>
Date: 20-Jul-1992
Posted-date: 20-Jul-1992
Precedence: 1
Subject: My departure from Digital
To: See Below
CC: See Below
To: European Country Managers - for your information & distribution
European Management Board - For your information & distribution
cc: Gordon Moultrie
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It is with my deepest regrets that I leave Digital and the tremendous
people that make it the company that it is. After 23 years this
company, you and your people are part of my life, and always will be.
Personal reasons have led me to take this very difficult decision. I
have to be true to the principles I have tried to share with you during
these years, and to myself. You still have the full potential to
realise the Dream we have shared and I want to ask a last favor from
all of you.
Please continue to improve the values that we believe in and have
worked hard to instill in the organisation during our years together.
Digital still has great potential, yet to be realised, and it is you
and your people who will make Digital great once more.
Together, you must continue to grow and develop the tremendous company
we have built. If you follow our direction and stay together, you will
remain a winning organisation.
I know that in the future, I will be able to look at Digital in Europe,
under your guidance, still as a leading company and an example to the
market.
I leave with a lot of emotions, a lot of good memories and also a deep
pride and certainty that you will continue to fight to be the best both
as individuals and as a group. You must stay a close team.
Thanks for what you have given me. I have certainly learnt a lot from
all of you. It has been a fantastic time.
Good luck.
Ciao
PCF/dc
|
1993.11 | Remember. | BOOKS::ANGELONE | Failure: line of least persistence. | Fri Jul 24 1992 09:56 | 18 |
| RE: .10
Goodbye sir and the best of luck.
Your words are right on the money. I for one,
however how long I last at DEC, will take
your words to heart.
Fight and fight hard this company is not dead yet.
And only we can safe it. We have the vested concern.
Not Wall Street. Maybe not even our customers. But
US, the people of Digital. If WE win then they win.
CHARGE !, or get out of my way.
Luck to all,
Rick A
|
1993.12 | Falotti resigns from ASK | ABACUS::LAVES | Donkey Hote | Thu Feb 10 1994 12:44 | 3 |
| Article in the Wall Street Journal, p B8
Falotti resigns for personal reasons.
|
1993.13 | interesting | CVG::THOMPSON | An other snowy day in paradise | Thu Feb 10 1994 12:49 | 4 |
| Are there other details for those of us without a copy of the WSJ
handy?
Alfred
|
1993.14 | Falotti resigns from ASK (Business Wire) | ICS::MORRISEY | | Thu Feb 10 1994 13:37 | 25 |
| News Article: ASK Group announces resignation of CEO
9-FEB-1994 Length: 21 lines Businesswire
SANTA CLARA, Calif.--(BUSINESS WIRE)--Feb. 9, 1994--The ASK Group
Inc. (NASDAQ:ASKI) Wednesday said that its board of directors had
accepted the resignation of Pier Carlo Falotti, the company's president
and chief executive officer.
Falotti's resignation was for personal reasons.
The company said that the board of directors has started a search
for Falotti's replacement. Until a successor CEO is named, the board
has designated Leslie E. Wright, executive vice president and chief
financial officer, as acting operating officer to manage the company's
operating plan and strategy.
The ASK Group Inc. is a developer and integrator of strategic
business software, providing corporations with the technologies and
services to build, connect, manage and maintain information systems.
The company achieved revenue of $426 million for the fiscal year
ended June 30, 1993, and serves customers worldwide through its more
than 2,300 employees in 82 offices.
|
1993.15 | | SAHQ::LUBER | I have a Bobby Cox dart board | Thu Feb 10 1994 13:37 | 2 |
| He probably realized that SAP is going to put ASK and a number of other
software vendors out of business.
|
1993.16 | What is SAP? | MCITS1::BASCHAL | | Thu Feb 10 1994 14:33 | 7 |
| re: 1993.15
What is SAP?
Thanks,
Jim
|
1993.17 | | THEBAY::CHABANED | Spasticus Dyslexicus | Thu Feb 10 1994 15:10 | 6 |
|
I'm taking bets on when Sandy Kurtzig announces she's coming out of
retirement.
-Ed
|
1993.19 | SAP AG - SAP America | MRKTNG::BURROUGHS | | Thu Feb 10 1994 15:56 | 17 |
| SAP is the hottest software company in commercial business applications
in the US, Europe, and Asia Pacific. Their new product is client
server with relationsl DB and GUI front end. The first to market in
their market segment. SAP is the 8th largest SW company by revenues
world wide with approximately $750m in sales.
SAP brings integrated financials, manufacturing, and sales &
distribution application software on a UNIX platform into the
commercial market place. The software supports 11 languages and
currencies and multiple tax codes for the international market place.
BTW it runs on Alpha AXP on OSF/1 and OpenVMS and has been chosen for
the order processing software for DECdirect. Pier Carlo reviewed the
Digital business plan around SAP back in 1991 so I know he is familiar
with them.
Al
|
1993.20 | | SAHQ::LUBER | I have a Bobby Cox dart board | Thu Feb 10 1994 16:09 | 1 |
| Correction: R/3 is not supported on OpenVMS any longer, only OSF/1
|
1993.21 | R/3 IS on Alpha OpenVMS | MRKTNG::BURROUGHS | | Thu Feb 10 1994 16:35 | 7 |
| Re: -1
Correction to the correction...R/3 is supported on Alpha AXP OpenVMS.
The OpenVMS release lags behind the UNIX releases by 2 to 4 weeks but
it is out there and we have several customers in the US. R/3 is no
longer supported on VAX/VMS.
Al
|
1993.22 | Reasons of SAP success | ULYSSE::FINKA | | Fri Feb 11 1994 03:45 | 4 |
| SAP effectively implements some software features in terms of integration,
dynamicity and flexibility DIGITAL IS and therefore IS deciders do not
understand yet.
|
1993.23 | Careful with the positioning.... | CHEFS::OSBORNEC | | Fri Feb 11 1994 03:51 | 16 |
|
Careful with the client/server statements on SAP. They are true when it
comes to hardware configuration, not true in the sense of John
Donovan's 3 layer model.
At this time, SAP is designed to be internally integrated, or linked to
specific modules produced by 3rd parties in a partnership scheme. R/3
is not yet designed to interplay using some of the SAP modules with a
customer's definition of best-in-class for other modules.
An important distinction, & needs careful positioning to a client who
has been to CTG etc. SAP understand the issue, & accept that in the
future they will have to be more open, & offer integration to external
best-in-class (or whatever the customer wants....)
Colin
|
1993.24 | | MRKTNG::SLATER | Marc, ASE Performance Group | Sat Feb 12 1994 14:17 | 16 |
| Colin,
What matters is how the customers who want SAP R/3 define open client/server.
To them, and my group interacts with several customers and potential customers
every week, they perceive SAP R/3 to be open since it has very few vendor
specific dependencies, and client/server, since it provides three layers
of technology; presentation services, application services, and database
services. Everything other than the presentation layer is transparent
to the end user.
I don't know how many of the SAP customers have seen the CTG pitch, but no
customer to my knowledge has ever not purchased SAP because of any
impurity in SAP's client/server implementation. It solves their business
problems and requires big computes (read Alpha AXP) to run it.
MS
|
1993.25 | | GIDDAY::QUODLING | | Sun Feb 13 1994 16:41 | 6 |
| WHy is it that esnior execs always resign for "personal reasons".
Never, to take on a better paying job, or because the *!@( is about to
hit the fan in the old one...
q
|
1993.26 | One can often gauge the sign (if not magnitude) of the circumstances | VMSSPT::STOA::CURTIS | Dick "Aristotle" Curtis | Sun Feb 13 1994 19:11 | 7 |
| If, when they took a more lucrative job they stated that, then when
they had to, er, walk the plank, everyone would see "personal reasons"
and nod knowingly.
As opposed to now, when it's merely a likely bet.
Dick
|
1993.27 | Falotti joins AT&T | ICS::MORRISEY | | Mon Feb 14 1994 13:43 | 44 |
|
AT&T NAMES PRESIDENT AND CEO FOR EUROPE
EDITORS PLEASE NOTE: THIS RELEASE WAS ISSUED IN BRUSSELS,
BELGIUM, AT 10 A.M. (BRUSSELS TIME) THIS MORNING (FEB. 14)
BRUSSELS--(BUSINESS WIRE)--Feb. 14, 1994--AT&T said today that
Pier Carlo Falotti, former president and CEO of The ASK Group, one of
the world's largest independent software companies, has been appointed
president and chief executive officer -- Europe, Middle East, Africa.
Before joining ASK in September, 1992, Falotti was president and
CEO of Digital Equipment Corporation Europe.
Falotti will lead AT&T's operations in Europe, the Middle East,
and Africa, and will be a member of AT&T's Global Operations Team,
which is responsible for implementing the company's strategies, and
for AT&T's operations around the world.
Falotti will be based in Brussels. Europe, the Middle East and
Africa form one of three regions in AT&T's global structure. The other
two are Asia/Pacific and Latin America.
"Because of the profound changes and significant growth in
telecommunications and information solutions in the region, it's
critical for AT&T and its customers that we have someone with Pier
Carlo's special qualifications guiding our operations and informing
our planning," said Victor A. Pelson, AT&T's chairman of global
operations.
"His significant leadership experience in high technology and
his understanding of regional markets will contribute immediately to the
value AT&T can bring to its customers.
"We look to Falotti to drive a more synergistic and proactive
approach, to expand our presence, and build our relationships with
European partners and customers."
Falotti's appointment marks another step in implementation of a
management approach that enables AT&T to quickly, flexibly and profitably
meet its customers' needs worldwide. Under this new system, which moves
decision-making affecting customers closer to those customers, a CEO and
president was named for AT&T's Asia/Pacific Region in October 1993, and a
similar appointment is planned for Latin America.
|
1993.28 | Just wondering... | NOVA::SWONGER | DBS Software Quality Engineering | Mon Feb 14 1994 14:01 | 5 |
|
I wonder if the people at AT&T are complaining about all the
ex-DECcie's who are joining their executive ranks?
Roy
|
1993.29 | | GIDDAY::QUODLING | | Mon Feb 14 1994 16:50 | 5 |
| One wonders if PCF is getting these jobs offers before he resigns? Or
is he just damned fast at ringing around....
q
|
1993.30 | | BROKE::SHAH | Amitabh "Amend Constitution: ban DECAF" | Mon Feb 14 1994 17:58 | 3 |
| Re. .29
Well, he certainly "reached out and touched someone" :-).
|
1993.31 | personal? | BOOKS::HAMILTON | All models are false; some are useful - Dr. G. Box | Tue Feb 15 1994 10:59 | 5 |
|
Apparently his "personal" reason for leaving ASK was a better
job.
Glenn
|
1993.32 | Falotti now joins Oracle... | ICS::MORRISEY | | Wed Aug 07 1996 15:03 | 43 |
|
ORACLE NAMES AT&T'S FALOTTI TO HEAD EUROPEAN ORGANIZATION
Copyright © 1996 Nando.net
Copyright © 1996 Bloomberg
REDWOOD CITY, Calif. (Aug 6, 1996 4:00 p.m. EDT) -- Oracle Corp. said
it named Pier Carlo Falotti, who resigned two weeks ago from AT&T
Corp., to head the software company's reorganized European business.
Falotti, 54, will take over Sept. 1 as senior vice president of
Europe, Middle East and Africa. He was AT&T's executive vice president
of international operations, responsible for the same areas.
For the past few quarters, Oracle's European sales have been weak
compared with other regions. Oracle, the biggest publisher of database
computer programs, has been reorganizing its European sales team to
boost revenue.
"Pier Carlo possesses unique capabilities to operate in this diverse
part of our business," said Raymond Lane, Oracle president and chief
operating officer.
Falotti will have the mandate of extending Oracle's business
internationally, where demand for networking and database software is
expected to expand. About 40 percent of Oracle's annual revenue of
$4.2 billion comes from Europe, the Middle East and Africa, the
company said.
Redwood City, California-based Oracle writes software that helps
companies store and retrieve huge amounts of information, such as
customer lists and inventories.
Falotti joined AT&T in 1994 as president and chief executive for
Europe, Middle East and Africa. John Petrillo, 47, an AT&T executive
vice president for strategy, will take on Falotti's job until the
telecommunications company finds a successor.
Before going to AT&T, Falotti was president and chief executive of ASK
Group Inc., which was bought by Computer Associates International
Inc., and headed Digital Equipment Corp.'s European operations.
|
1993.33 | he is a temp!! | CSLALL::GKOPPS | | Wed Aug 07 1996 17:04 | 1 |
| What temp agency does HE use?
|
1993.34 | I could make a living by resigning | ULYSSE::BUXTON_M | A black belt in Kno Kan Doo | Thu Aug 08 1996 04:38 | 4 |
|
And to think he gets a *golden* 'golden' parachute every time,
Mark.
|
1993.35 | One of the good guys ! | CHEFS::MORRISC | | Tue Aug 13 1996 08:49 | 3 |
| He was our loss..
Chris
|
1993.36 | really? | ESSC::KMANNERINGS | | Tue Aug 13 1996 09:57 | 17 |
| > He was our loss..
I cannot believe that those writing this are very well informed. It
seems he was a great personality, but he must carry the can for buying
PCI and Mannesmann-Kienzle, two blunders which cost megadollars,
marching us into a dilletantist attack when we should have been
retreating carefully. We are still paying the penalty.
Also, many people are still curious about the Olivetti deal. Very
curious.
http://www.atd.co.za/fm/issues/040895/BKS.1.html
Does he still drive a Ferrari??
Kevin
|
1993.37 | | TOLKIN::KING | | Wed Aug 14 1996 17:44 | 3 |
| .35 must have meant to say
"He was our losses"...caused by all reasons in .36
|
1993.38 | therea wasa ana italian businessa mena | VNABRW::UHL | let all my pushes be popped | Sat Aug 17 1996 15:29 | 2 |
| shall I warn my customers using Oracle?
by all means the Philips & Kienzle deals still cost us millions!
|
1993.39 | | STOAX2::BULTE | Wilko Bulte - European Storage Engineering | Tue Aug 20 1996 12:15 | 8 |
| re .38
Already before acquiring Philips Digital was loosing ground.
It's easy to blame the outside world for not keeping up...
Wilko
(ex-Philips)
|
1993.40 | yes, we were already in bad trouble | ESSC::KMANNERINGS | | Tue Aug 20 1996 13:20 | 22 |
| re .39
I agree entirely, and would not blame those from Philips or Kienzle for
what happened for a minute. The point is, in a shakedown situation we
spend a lot of cash to buy in some 11500 employees we had no stategy
for. Before the ink was dry on the contracts we changed our minds and
started to throw more cash at the problem to get out of it and spend
millions laying off the bulk of the 11500 we hired. This put immense
pressure on the restructuring of 1993, which went badly wrong,
contributing to the big trouble which happened in 1994. Digital was in
trouble because it had missed the unix movement and open systems. It
needed all this like a hole in the head.
Meanwhile the guy who started it all drives of into the sun in his
Ferrari while the rest of us get on the Titanic. I think the Philips
and Kienzle people suffered as a result of this as much as anyone. They
thought they were being rescued :-)
I don't have the facts to put a cost on the whole debacle, but my thumb
says $2 billion.
Kevin
|
1993.41 | | VNABRW::UHL | let all my pushes be popped | Tue Aug 20 1996 13:30 | 4 |
| I did not blame those people from Philips or Kienzle, I blame the
decision makers... none left... all gone with packages...
Sorry for any misunderstanding.
kind regards, Hans J. Uhl
|