Inspirational Stories
How Great CEOs Can Inspire You…..
1 ) Steve Jobs’ Inspirational
Story
Many
know Jobs as the name most associated with one of the most popular brands in
the world. What people may not realize is that at one point, Jobs left Apple in
1985 after a struggle with its board of directors. In 1996, he did return to
the company to serve as interim CEO when the company was suffering financially
and became permanent CEO a year later. With Jobs leading the way, Apple stock
rose more than 9,000 percent. One of the major ways he was able to make such a
big change was by reducing the 350 projects Apple had in development to 50, and
then down to just 10. He was always focused on creating the next big thing and
that mind set remains strong in his company today, Jobs was behind the release
of the iMac, the iPod, iTunes and the iPhone.
2 ) Terry Semel on Turning
Yahoo Around
Semel
was previously a co-CEO at Warner Bros. before joining Yahoo. Yahoo was facing
a lot of ad sales decline and employee morale was low as a result. The focus of
the company began to shift under Semel’s direction to distributing media and
user-generated content through multiple channels. Just one year later after
Semel became CEO of Yahoo, the company profited $32 million in revenue which
was a massive improvement over the previous year’s $93 million loss. Before
stepping down in 2007, Semel was able increase Yahoo’s revenue nearly nine-fold
and he also helped create $30 billion in shareholder value.
3) Ed Whitacre’s Incredible
Story of Building AT&T
Ed
Whitacre was previously the CEO of AT&T in 2007 and had retired but was
pulled out of retirement by General Motors. Whitacre had the massive task of
turning around GM following their bankruptcy and government bailout. He
cancelled unnecessary projects that couldn’t compete against competitor’s projects,
streamlined processes and selling parts of the company that were necessary. In
just 16 months following Whitacre’s arrival, GM launched the largest IPO in
history at $23.1 billion, returning GM to a much more positive situation.
Whitacre stepped down in 2010.
"The future belongs to those who prepare
for it today " Malcolm X...
Rewrite
by Comfori Sdn Bhd
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