Bangalore: CEOs are the driving
forces behind a company’s function. Few of them take this responsibility
in such a way that they transform companies that even though started in
garages with no capital into one of the world’s most valuable
companies. In tech world you can find many such examples, Steve Jobs at
Apple, and Larry Page at Google. However, there are a few little known
others too, who share the same or a more brilliant story.
To rank the best CEOs of all time, Harvard Business Review has come up with a scorecard that takes into account their financial and corporate social performance. Here is the list of top 10 of them as compiled by Rediff.
#10 Ming-Kai Tsai
Company: MediaTek
Country: Taiwan
Tenure: 1997 – Present
Taiwan fondly calls him ‘King of the Bandit Phones,’ for it is because of him many companies can offer cheaper Smartphones.
He leads Mediatek, a semiconductor design company specializing in chips for TVs, DVDs and wireless communications after it parted from its parent company, United Microelectronics, which was one of Taiwan’s biggest chip companies.
Tsai is the first one to tap the opportunities by offering better services, cheaper product, for example, when the big chip companies were focussing on 3G chips, MediaTek focussed on improving the existing 2G chips to lower the cost and offered better services with it. And again, while other chip makers were focussing on developed markets, he did his gig at emerging markets like China, which has turned out to be the biggest smartphone market in the world today.
To rank the best CEOs of all time, Harvard Business Review has come up with a scorecard that takes into account their financial and corporate social performance. Here is the list of top 10 of them as compiled by Rediff.
#10 Ming-Kai TsaiCompany: MediaTek
Country: Taiwan
Tenure: 1997 – Present
Taiwan fondly calls him ‘King of the Bandit Phones,’ for it is because of him many companies can offer cheaper Smartphones.
He leads Mediatek, a semiconductor design company specializing in chips for TVs, DVDs and wireless communications after it parted from its parent company, United Microelectronics, which was one of Taiwan’s biggest chip companies.
Tsai is the first one to tap the opportunities by offering better services, cheaper product, for example, when the big chip companies were focussing on 3G chips, MediaTek focussed on improving the existing 2G chips to lower the cost and offered better services with it. And again, while other chip makers were focussing on developed markets, he did his gig at emerging markets like China, which has turned out to be the biggest smartphone market in the world today.
Read Also: Finally, Apple CEO Acknowledge India's Importance, Indian IT Cos Create More Jobs In U.S. Than Native Counterparts
#9 Tim KoogleCompany: Yahoo
Country: United States
Tenure: 1995 – 2001
Yahoo was what Google is today before the dot com burst. He helped the founders Jerry Yang and David Filo to build a company that challenged tech giants like Microsoft and as well as big content providers such as The Walt Disney Company. Under him, the company also pioneered the concept of providing content in local languages to the users. His vision of driving Yahoo to advertising-driven enterprise helped the company achieve revenues of $1 billion.
#8 Tomeo Kanbayashi
Company: NTT Data
Country: Japan
Tenure: 1995 – 1999
Some names of best CEO you already recognize but then there are few names which can surprise you, for the simple reason, “how could I miss it?” Tomeo Kanbayashi is one such name. He steered NTT Data to become Japan’s largest IT services company and also one of the biggest in the world. Under his leadership, shareholder’s return were at 658 per cent (country adjusted), according to Harvard Business Review.
#7 John W. Thompson
Company: Symantec
Country: United States
Tenure: 1999 - 2009
John W. Thompson was vice-president at IBM, and had 28 years of career at the company, before joining Symantec Corporation as Chief Executive Officer. Thompson transformed Symantec from a consumer software publisher to the leader in internet security, data protection and storage management. Under his leadership, the company’s revenue grew tenfold from $600 million to $6 billion.
#6 Eric E. Schmidt
Company: Google
Country: Untied States
Tenure: 2001 – 2011
Schmidt joined Google's board of directors as chairman in March 2001 and became the company's CEO in August 2001. At Google, Schmidt shared responsibility for Google's daily operations with founders Page and Brin, and the three ran Google as a triumvirate. Schmidt had legal responsibilities typically assigned to the CEO of a public company and focused on the management of the vice presidents and the sales organization.
According to Google's website, Schmidt also focused on "building the corporate infrastructure needed to maintain Google's rapid growth as a company and on ensuring that quality remains high while the product development cycle times are kept to a minimum."
Company: Symantec
Country: United States
Tenure: 1999 - 2009
John W. Thompson was vice-president at IBM, and had 28 years of career at the company, before joining Symantec Corporation as Chief Executive Officer. Thompson transformed Symantec from a consumer software publisher to the leader in internet security, data protection and storage management. Under his leadership, the company’s revenue grew tenfold from $600 million to $6 billion.
#6 Eric E. SchmidtCompany: Google
Country: Untied States
Tenure: 2001 – 2011
Schmidt joined Google's board of directors as chairman in March 2001 and became the company's CEO in August 2001. At Google, Schmidt shared responsibility for Google's daily operations with founders Page and Brin, and the three ran Google as a triumvirate. Schmidt had legal responsibilities typically assigned to the CEO of a public company and focused on the management of the vice presidents and the sales organization.
According to Google's website, Schmidt also focused on "building the corporate infrastructure needed to maintain Google's rapid growth as a company and on ensuring that quality remains high while the product development cycle times are kept to a minimum."
Read Also: Apple Is Coming Up With Large Screen Tablets And Smartphones and Indian IT Cos Create More Jobs In U.S. Than Native Counterparts
#5 John T. Chambers
Company: Cisco Systems
Country: United States
Tenure: 1995 – present
Chambers joined Cisco in 1991 as senior vice president, Worldwide Sales and Operations. Since January 1995, when he assumed the role of CEO, the company has grown from $70 million in annual revenues to its current run-rate of approximately $46 billion. In November 2006, he was named Chairman of the Board, in addition to his CEO role.
#4 Margaret C. Whitman
Company: eBay
Country: United States
Tenure: 1998 – 2008
Whitman served as president and chief executive officer of eBay from 1998 to 2008. During her ten years with the company, she oversaw expansion from 30 employees and $4 million in annual revenue to more than 15,000 employees and $8 billion in annual revenue. She resigned from the company in 2007 but stayed on the board for another year as an advisor to the new CEO.
Company: Cisco Systems
Country: United States
Tenure: 1995 – present
Chambers joined Cisco in 1991 as senior vice president, Worldwide Sales and Operations. Since January 1995, when he assumed the role of CEO, the company has grown from $70 million in annual revenues to its current run-rate of approximately $46 billion. In November 2006, he was named Chairman of the Board, in addition to his CEO role.
#4 Margaret C. WhitmanCompany: eBay
Country: United States
Tenure: 1998 – 2008
Whitman served as president and chief executive officer of eBay from 1998 to 2008. During her ten years with the company, she oversaw expansion from 30 employees and $4 million in annual revenue to more than 15,000 employees and $8 billion in annual revenue. She resigned from the company in 2007 but stayed on the board for another year as an advisor to the new CEO.
#3 Yun Jong-Yong
Company: Samsung Electronics
Country: South Korea
Tenure: 1996 – 2008
He joined family-run business Samsung Group after his graduation. He moved to Samsung Electronics right after it was established and remained there rising through the ranks to be at the helm. He is responsible for saving Samsung through the Asian crisis in 1996 and challenged the well-established giants, such as Sony, in their domains. He’s the one who spearheaded the growth of Samsung through chips for computers, cell phones, LCDs, and other electronic devices. And he is the one who changed the focus of the company from TVs and microwave ovens towards mobiles.
#2 Jeffrey P. Bezos
Company: Amazon.com
Country: United States
Tenure: 1996 – present
Jeff Bezos is the founder and CEO Amazon. He played a key role in the growth of e-commerce and under his guidance; Amazon.com became the largest retailer on the World Wide Web and the model for Internet sales.
He founded the company in 1994 after making a cross-country drive from New York to Seattle, writing up the Amazon business plan on the way. He initially set up the company in his garage. He had left his "well-paying job" at a New York City hedge fund when he "learned about the rapid growth in Internet use", which coincided with a "then-new U.S. Supreme Court ruling online retailers don't have to collect sales taxes in states where they lack a physical presence"; he had headed to Washington because its relatively small population meant fewer of his future customers would have to pay sales tax.
When the dot com bubble burst, Amazon was one of the few companies that survived and rapidly grew to be a Fortune 500 company. The company has a customer base of over 30 million people and makes its primary revenues come from the commission it charges affiliates for selling their product through the website.
Company: Samsung Electronics
Country: South Korea
Tenure: 1996 – 2008
He joined family-run business Samsung Group after his graduation. He moved to Samsung Electronics right after it was established and remained there rising through the ranks to be at the helm. He is responsible for saving Samsung through the Asian crisis in 1996 and challenged the well-established giants, such as Sony, in their domains. He’s the one who spearheaded the growth of Samsung through chips for computers, cell phones, LCDs, and other electronic devices. And he is the one who changed the focus of the company from TVs and microwave ovens towards mobiles.
#2 Jeffrey P. BezosCompany: Amazon.com
Country: United States
Tenure: 1996 – present
Jeff Bezos is the founder and CEO Amazon. He played a key role in the growth of e-commerce and under his guidance; Amazon.com became the largest retailer on the World Wide Web and the model for Internet sales.
He founded the company in 1994 after making a cross-country drive from New York to Seattle, writing up the Amazon business plan on the way. He initially set up the company in his garage. He had left his "well-paying job" at a New York City hedge fund when he "learned about the rapid growth in Internet use", which coincided with a "then-new U.S. Supreme Court ruling online retailers don't have to collect sales taxes in states where they lack a physical presence"; he had headed to Washington because its relatively small population meant fewer of his future customers would have to pay sales tax.
When the dot com bubble burst, Amazon was one of the few companies that survived and rapidly grew to be a Fortune 500 company. The company has a customer base of over 30 million people and makes its primary revenues come from the commission it charges affiliates for selling their product through the website.
Read Also: Why iGate CEO's Chair Is Still Empty? and Big M&As In Indian IT Sector Often Don't Deliver: JP
#1 Steve Jobs
Company: Apple
Country: United States
Tenure: 1997 – 2011
He was the co-founder, chairman, and CEO of Apple. Through Apple, he was widely recognized as a charismatic pioneer of the personal computer revolution and for his influential career in the computer and consumer electronics fields, transforming "one industry after another, from computers and Smartphones to music and movies".
After a power struggle with the board of directors in 1985, Jobs left Apple and founded NeXT, a computer platform development company specializing in the higher-education and business markets. Jobs returned to Apple as an advisor, and took control of the company as an interim CEO. Jobs brought Apple from near bankruptcy to profitability by 1998.
As the new CEO of the company, Jobs oversaw the development of the iMac, iTunes, iPod, iPhone, and iPad, and on the services side, the company's Apple Retail Stores, iTunes Store and the App Store. The success of these products and services provided several years of stable financial returns, and propelled Apple to become the world's most valuable publicly traded company in 2011.
The reinvigoration of the company is regarded by many commentators as one of the greatest turnarounds in business history.
Company: Apple
Country: United States
Tenure: 1997 – 2011
He was the co-founder, chairman, and CEO of Apple. Through Apple, he was widely recognized as a charismatic pioneer of the personal computer revolution and for his influential career in the computer and consumer electronics fields, transforming "one industry after another, from computers and Smartphones to music and movies".
After a power struggle with the board of directors in 1985, Jobs left Apple and founded NeXT, a computer platform development company specializing in the higher-education and business markets. Jobs returned to Apple as an advisor, and took control of the company as an interim CEO. Jobs brought Apple from near bankruptcy to profitability by 1998.
As the new CEO of the company, Jobs oversaw the development of the iMac, iTunes, iPod, iPhone, and iPad, and on the services side, the company's Apple Retail Stores, iTunes Store and the App Store. The success of these products and services provided several years of stable financial returns, and propelled Apple to become the world's most valuable publicly traded company in 2011.
The reinvigoration of the company is regarded by many commentators as one of the greatest turnarounds in business history.
Read Also: Microsoft Lost $34 Billion, Witnesses Biggest Ever Plunge In Four Years and Facebook Lite To Debut In India Soon
No comments:
Post a Comment