James Kwak Nails It

James Kwak, writing about Calvin Trillin’s “smart guys” theory on last year’s Wall Street collapse:

Technology firms also face a similar problem. In technology, as in most businesses, the way to make it to the top is through sales, so you end up with a situation where the CEO is a sales guy who has no understanding of technology and, for example, thinks that you can cut the development time of a project in half by adding twice as many people. I have seen this have catastrophic results.

That’s precisely what I meant about Trillin’s piece’s applicability to the difference between the old Microsoft under Gates (programmer), and the new Microsoft under Ballmer (sales guy). Ballmer is running a company whose products he doesn’t really understand.

Wednesday, 14 October 2009