article thumbnail

The Decline of Yahoo in Its Own Words

Harvard Business

On Google’s earnings call for the first quarter of 2006 – more than a year before the iPhone was released and more than two years before the release of the first Android-operated smartphone – CEO Eric Schmidt went out of his way to talk about mobile. One of the most prominent is that Yahoo was late to mobile.

article thumbnail

How to Pull Your Company Out of a Tailspin

Harvard Business

After studying and working with hundreds of companies in free fall, we’ve identified concrete steps that leadership teams can take to engineer successful turnarounds and transformations. Yet when digital photography arrived, the company was slow to embrace it, only incorporating it into its cameras in 2006.

Company 28
article thumbnail

Your Organization Wastes Time. Here’s How to Fix It.

Harvard Business

Having streamlined the portfolio and reset budgets, it is important to redesign the operating model — that is, the way the company is organized to deliver on its strategy — to eliminate any unnecessary work or dysfunctional processes that bog things down. Consider the remarkable turnaround at Ford.

How To 50