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The Twelve Most Tarnished Brands In Tech
harrymcc writes "Polaroid, Netscape, CompuServe, Westinghouse, Heathkit — these were once among the most respected names in the technology business. They're still around, but what's happened to them is just plain sad. I took a look at the tragic fates of a dozen mighty brands that have, in one way or another, fallen on hard times."
Any such list that doesn't include Diebold is lacking. Once a well respected manufacturer of safes, vaults, and eventually ATM machines, they now are known for creating voting machines that can't count, and in some cases have shown evidence of maliciousness in subverting the democratic process. At worst they are guilty of treason, at best they are guilty of selling useless and harmful junk. At least Microsoft at their worst is entertaining (Bob, Clippy); Diebold is disgusting.
Qxe4
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I think most people would blame Carly Fiorina. She effectively took HP out of the hands of the engineers who made the company great, and put it squarely into the hands the shareholders who were concerned only with short-term stock price during the dotcom bubble. She spurred a massive shift in culture that killed off the innovation that they were famous for, obliterated morale throughout the company, and generally made it an undesirable place to work. The Compaq acquisition was just one aspect of her failure.
Also Borland. Many programmer out there like me cut their teeth using Borland Pascal/C/C++.... then we went thru a brief optimism with Delphi... then the insane Inprise name change... then a long spiral into insignificance. RIP Borland.
Digital Equipment Corp, DEC, digital These folks started making test equipment, rivaled IBM when the PDP and VAX systems roamed the data centers. Their customer support was a pleasure to deal with. The only time a DEC field service engineer ever told me they didn't have a part in town, he told me it was coming in on a 2:00 pm flight and he'd be at my door by 3:00. A series of management by accountants slowly dissolved the company into take over bait. Despite making quality products they faded away. The low bidder trumps all.
I think most people would blame Carly Fiorina. She effectively took HP out of the hands of the engineers who made the company great, and put it squarely into the hands the shareholders who were concerned only with short-term stock price during the dotcom bubble. She spurred a massive shift in culture that killed off the innovation that they were famous for, obliterated morale throughout the company, and generally made it an undesirable place to work. The Compaq acquisition was just one aspect of her failure.
sarcasm on
Isn't that the function of Great CEOs... first drive the company into the ground will getting multi-million dollar bonus for cost reductions and stock value, then sell it to some hedge fund at a profit of 2 or 3x the share price for all share holders, which always includes the hedge fund paying the execs to exercise their options on 10s of millions of shares, thus increasing, yet again, shareholder value. Ah..the bright side of capitalism
sarcasm off
Seriously, so many at the Executive level haven't got a clue about what their company does and to make up for it simply rely on what the bean counters are telling them.
You know they've run out of ideas and swirling around the drain when they think it's a good idea to change the name they've been using for 50 years.
Now they want to be called "The Shack".
the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff
SGI should be on that list. It was amazing to watch their death spiral in the mid-late 90s. That brand is way more tarnished than Napster (which didn't have much of a brand to tarnish).
the growth in cynicism and rebellion has not been without cause
surely SCO is the most tarnished?
-- oldthinkers unbellyfeel ingsoc
She wasn't the only one. I joined HP in 1988, and the job was horible. Donuts on Friday disapeared the week I arrived. the "HP Way" was being scuttled. I could only take it a year and a half, and then I moved on to more intresting work. The problem was that David Packard had retired from the board and no longer guided the company. It got so bad, he came out of retirement a couple years later to put HP back on track. When he passed away, there was no way to replace him. Stockholders always lean towards the likes of Carly Florina, for the reasons already described - short-term profits. It takes an genius evangelist with nearly unlimited power to keep a company great. Take a look at what's happening at Microsoft since Bill stepped back, and how the stock market follows Steve Job's health.
Anyway, I veiw all those famous brands mentioned in TFA quite differently. What they have in common is that they have faded, but that's all. Heathkit is a brand spoken even today in awe of what they did for America. Polorooid revolutionized film based photography, and faded into obscurity when their strong leadership faded. Westinghouse faded through conglomeration. What do they make now? Coffee or nuclear reactors? Netscape killed themselves, through incredible stupid and evil strategy - make the Internet so complicated that only Microsoft and Netscape could offer functional browsers... someone should be shot.
I reject the idea that a company the dies with it's market has failed. Sun Microsystems is the most amazing workstation vendor in history. They gave the world technologies that will benefit the world for generations. Just because my cell phone has more power than a 1990-vintage workstation doesn't make Sun less great. These are brands to be celebrated for what they did in their industry, not to be morned when their industry passes into history.
Celebrate failure, and then learn from it - Nolan Bushnell