On the other hand, the chief executive officer was able to make the people believe in these goals, and work hard to support the company in reaching them. Even as early as the recruiting and selection processes, Whitman argues that they look for energetic people who are easily integrated and motivated by the company's mission. Ultimately, all employees see Whitman as a model worth following, as, through the force of example, she "makes you want to do the right thing" (Change Competence Business Case).
The superior managerial skills of Meg Whitman have proven their worth in numerous corporate endeavors, but even more so in the transformation of eBay from a virtual auction house into a general purpose shopping company. This movement was supported by the chief executive officer's ability to envision a greater future for eBay, a future in which the company would play a major part within the global market place of internet applications. She was able to foresee the success of online retailers and direct the company from a niche market to a global market place. It was also extremely important that she recognized the importance of the feedback provided by customers.
Furthermore, she capitalized on this input by allowing software developers to log on and modify the...
Meg Whitman from eBay Meg Whitman, dubbed the "Czarina of Net auctions" by Business Week, is the CEO and mastermind behind the success of eBay, Incorporated. The underdog of the internet auction world, eBay has outrun its three major competitors, Amazon, Yahoo!, and Lycos, all internet giants with more reason to win than the startup company perpetually threatened by phony auctions, frauds, and technical glitches. Through determination and shrewd business skills, Whitman was
6. Schultz was rehired as CEO in 2008. He left the company for a while but it began to falter and he returned to the position. 7. For Schultz the biggest barrier to entry would have been his lack of education and experience. He does not possess an MBA and was working in sales when he joined the company. But Starbucks was very small and he was able to take on
Meg Whitman eBay, Inc. EBay is an online place in the internet where buyers meet sellers. Before the arrival of Whitman's as CEO of the company, the value given at EBay to its customers was very high as compared to any other website or working place. This is why EBay was often referred to as a site of the people, by the people and for the people. The values given to
Ebay financial reporting eBay Corporation: Financial Reporting The current market trend in the American business world shows that many businesses are making the switch to the fair market value of accounting for employee stock options. The Journal of Accounting Research defines fair market accounting as accounting for the fair value, or price, of an asset or liability based on the current market price of that asset or liability, or for similar assets
" (Meg Whitman: Powerful, fearless and annoying) She is also considering standing for the governorship of California in 2010. However, in addition to her astounding range of business and corporate achievements, an interesting aspect that emerges from a study of her life and working methods is that she is not a distant and aloof 'master of the universe'. Rather, her entrepreneurial vision and her ability to understand and respond to people
EBay: A Case Study Analysis Letter to the CEO Dear CEO: The face of ecommerce has been changed by the creation of a global online marketplace. eBay has provided consumers an opportunity to not simply survive, but to thrive. eBay has established a forum for buyers and sellers to untie in and form a community. The online marketplace has established a safe and secure online marketplace where traders can exchange goods and services
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