Here's another highly-speculative take on why Gary Daichendt may have abruptly quit as president
and COO in June after being hired with so much acclaim three months earlier. From what I
understand, the search for a new CEO can take as long as six months
given travel schedules, work commitments, etc. Let's assume, Nortel
began its search for a new CEO to replace Bill Owens in April - rather than the immediately after its AGM in late-June
as chairman Harry Pearce said earlier this week when the company
announced the hiring of Mike Zafirovski as president and CEO. Given
this hiring scenario, maybe Daichendt found out there was a search
going on for a CEO and was disappointed about not being considered for the
job. After all, he didn't come out of retirement to be #2
again.
Of course, this is all pure speculation. Perhaps Daichendt was promised
Nortel's CEO job at some point or maybe not. The bottom line is it
seems strange that Owens suddenly decided to "retire" only four months
after the well-respected Daichendt left due to differences in style.
It's a shame Daichendt left and Nortel was forced to conduct another
CEO search - one that has already become embarassing.
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Friday, October 21
by
Mark Evans
on Fri 21 Oct 2005 01:16 PM EDT
by
Mark Evans
on Fri 21 Oct 2005 08:07 AM EDT
Thanks to the good folks at Silicon Beat,
I was able to download Flock, the much-anticipated browser that is
supposed to change the world and, in the process, send Firefox, Opera
and IE into oblivion - at least that's what all the hype leads you to
believe. As far as first impressions go, it's hard to get a handle on
it because it so work-in-progress. There are some interesting features
such as the ability to blog by using an in-browser editor (although
only a few platforms are supported now). I also like the history page
with a built in search engine; and something called The Shelf where you
can put all interesting Web site content for future reference. Other
than that, it's your run-of-the-mill browser that promises to add more
cool features in the future. As a Firefox user, I suspect many of
Flock's features will be adopted soon so I'm really not tempted to
switch allegiances. And to be honest, I don't know what all the fuss is
about, why people like Tech Beat's Michael Arrington and Robert Scoble are so stoked, and why Flock was able to raise $2-million. There are dozens of alternative browsers
in the market, and Flock looks like just another contender to join the
list. Still, Flock co-founder and CEO Bart Decrem believes Flock will
be used by 100 million people in five years.
In time, he may be right or he may be just another entrepreneur with
high hopes but I don't see Flock's appeal and I don't see how it can
hope to outflank Firefox, Opera, IE or Netscape on features that can be
easily replicated. In many ways, I think Flock sadly epitomizes the
hype surrounding Web 2.0 where alphas/betas moving into markets
dominated by big players attract fawning media coverage from Wired and BusinessWeek.
Hey, I'm all for the little guy but this whole build it (cool
technology) and they (millions of users) will come thing is getting out
of hand. These days, everyone points to Skype to demonstrate the power
of disruptive technology and viral marketing but Skype is a total
anomaly that has become online myth because eBay temporarily lost its
mind. Maybe I'm wrong about Flock or over-cynical or lack vision about
what it could be down the road, but I don't see how the buzz can be
justified. The counter-argument is "well, look at Firefox". That may be
true but I'll believe it when I see it. Finally, can anyone explain how
Flock going to make money? This is one of the frustrating parts of Web
2.0 - everything is hell-bent on creating cool browsers and search
engines and RSS readers and "to do" lists but few people can actually
come up with a business plan to go along with these new R&D
projects. It's like the dot-com era but worse.Update: I checked out Flock CEO Bart Decrem's blog and he does talk about a business model, which is based on sponsorship and referral fees from partners such as Google. He points to a search referral deal that Opera has with Google, which let Opera give away its ad-free browser rather than charge $39. Of course, before Flock can generate revenue from these kind of deals, it has to attract millions of users. Maybe the beta it prematurely released into the wild earlier this week is a sign of things to come. The only thing Flock really achieved this week is lose much of its buzz and goodwill. |
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