Annual "Worst CEO" List Released
angry tapir writes "Zynga's Mark Pincus made the annual 'Worst CEOs' list compiled by Dartmouth College professor Sydney Finkelstein. Mark Zuckerberg of Facebook and Andrew Mason of Groupon received dishonorable mentions. Zuckerberg earned his dishonorable mention on the list partly due to his 'hoodie mentality.'"
The methodology behind the list combines three factors: the firms' financial performance including stock returns and cash flow; the extent to which the CEO has behaved responsibly; and strategic leadership and corporate governance.
Also, the CEO of Best Buy got the #1 worst ranking.
"First they came for the slanderers and i said nothing."
http://www.businessworld.in/en/storypage/-/bw/who-are-the-worst-ceos-of-2012/679612.37489/page/-1
Here's Elop
From The Seven Biggest Collapses in Mobile Handset or Smartphone History - this is part 3 in the Nokia Disaster analysis series
NOKIA - 2010-2012 - FELL FROM 35% to 5% in TWO YEARS - AVERAGE FALL 62% PER YEAR - IS CURRENTLY ENDANGERED SPECIES AS FALL CONTINUES
(Was ranked number 1 in market of smartphones)
Cause of death - Elop Effect ie Osborne Effect combined with Ratner Effect - resulted in instant carrier boycott and retail boycott against Nokia, these furher damaged by another Osborne Effect by Elop and yet another by Ballmer, and the purchase of Skype by Microsoft causing a Microsoft-targeted sales boycott
He's #1 in the mobile industry. #1 of losing.