RIM Hopes to Hold Off Shareholder Revolt with Management Shake Up
RIM Hopes to Hold Off Shareholder Revolt with Management Shake Up
Posted 01/03/2012 at 3:37pm
| by Ryan Whitwam
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BlackBerry maker Research in Motion has been on the skids lately, and many observers point to its co-CEO management structure as a major cause. According to multiple sources, the company is preparing to shake things up by removing co-CEOs Jim Balsillie and Mike Lazaridis from their additional roles as co-Chairmen of the board. They would remain as CEOs.
RIM board member Barbara Stymiest is rumored to be the likely successor in the role of Chairperson. It’s unclear if this move is being taken without the direct input of Balsillie and Lazaridis. Should this actually come to pass, the current CEOs will continue to run day-to-day operations at the company, but the board would presumably have more oversight.
Shareholders have been making noise about the company’s poor performance as of late, but troubling news continues to come out. Lazaridis announced recently that BlackBerry 10 phones may be delayed until late 2012. Do you think new board leadership will be enough to snap RIM out of its slump, or do the CEOs need to go?
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zodi
January 05, 2012 at 3:12am
RIM and Microsoft partnership I think would be a bold direction for RIM. Windows phone has some good things going for it but has nowhere near the market share blackberrys do. Add some RIM unique features and it could be a viable consumer and enterprise product.
IF rim goes android its just another phone.
kixofmyg0t
January 03, 2012 at 5:42pm
Its a bit too late for RIM. Hardware wise theyre still 3 years behind....and 5 years behind in software. The only way they could stay afloat is to embrace Android now.
Blackberry used to be relevent....but now its bargin bin stuff.
Keith E. Whisman
January 03, 2012 at 7:34pm
I'm with you, the only thing to save the company and provide profits for the shareholders will be for them to produce a badass android phone that nobody can live without. A business phone with all the bells and whistles and a battery only second to the iphone. Something that is so awesome that it becomes as ubiquitous as the pocket pager of the early 90's. A phone that is as pleasant as crack and as adictive as heroin.
kixofmyg0t
January 03, 2012 at 8:30pm
Its not hard. Take a Bold, upgrade the screen...doesnt even have to be "HD", upgrade the camera's...build it around a OMAP 4460 with 1GB of RAM and throw stock ICS on it. Spend the rest on things that appeal to bussiness users. Oh and security, strike a deal with Lookout Mobile Security so it can come pre-installed and keep one thing BB's are known for-encryption and security.
For the mass users, do the same thing with a 4" IPS 720p(or even 4.3") screen, OMAP 4460 with ICS and use carry over all the security features from my Bold idea. Shove a 2200mAh battery in them and give them LTE with a easy LTE/CDMA toggle widget and you have instant success.
Brain surgery indeed.
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