Barbarians at the Gate or Turnaround Gurus
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Barbarians at the Gate, the term given to the legendary period of the late 1980s to early 1990s in the American computer and media industries, represents a time when companies failed, went out of business, and in many cases, went out of business with all of its investors and employees being left behind. Turnaround gurus, those who claimed to have the secret to turn around failing businesses, were the most famous examples of these barbarians, and I, an accomplished case study writer, had a hand in
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– Barbarians at the Gate – A book by Michael J. Marlow about the rise and fall of American company, Enron. As an expert in this field, I personally experienced this phenomenon of corporate scandals and corruption. One of the most important takeaways of this book was the role of human nature and societal pressures in creating the environment that breeds fraud and greed. The book described a situation where the management was focused on short-term profits and ignoring shareholders’ interests. One example that stuck out was when the
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I was born and raised in a conservative, traditional family. My parents instilled in me the importance of hard work and discipline. I took these values to heart throughout my childhood and youth, and excelled academically in every way. I earned scholarships to top-tier universities, and by the time I graduated from college, I was ready for the real world. My first job was as an entry-level accountant at a small company. It was a challenging start, but I took advantage of every opportunity to learn, ask questions, and develop
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For years, my marketing consulting firm did an occasional small project for a major international conglomerate. this article The conglomerate wanted to buy some new markets abroad, and my firm got in to the business of helping them develop new marketing and distribution strategies. One of my tasks was to develop a sales strategy for this conglomerate’s new subsidiary in Europe. The conglomerate wanted to enter a new, rapidly growing market and was not sure what to do to do it. Our strategy was to start with an extremely ag
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I have witnessed two different scenarios of barbarians at the gate. The first barbarian we met was Steve Jobs, the leader of Apple, in 1998. He started off well and was hiring young and promising developers to build a product that could change the world. His dream was to make the world’s most beautiful, simple, and accessible computing system, the Newton, to connect people with the world and to create a profound revolution in the way people use and understand technology. It was also to connect the world of Apple with the world
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As I was going through the files, I noticed a few similar cases. Some were good. Some were not. And in between were all the common ones. A common problem for many startups is lack of funds, as they never get enough capital to take off. read the article Others are over-enthusiastic about products that they think customers will love. We were called by a company named [Name of Company] to help them with their turnaround process. They were struggling to run their business sustainably and reach the top position in the market. We