McDermott says he got a call from Hasso Plattner, who asked him to be the co-CEO of the company. So he asked who the co- would be. He called up Jim. He was flying to Hawaii that day for a sales recognition event. He says he had a long conversation with Snabe from outside a hotel on the big island of Hawaii, standing near a dumpster surrounded by a swarm of bees.
Anyway, he says there was a lack of connection between R&D and the value chain. The company needed leadership, a vision, a strategy, he says. McDermott says they spent two weeks recasting the company’s strategy.
McDermott says they try to focus on “keeping the main thing the main thing.” At SAP that’s being the market leader in business software and analytics. They targeted “innovation without disruption.” He says they could have tried a different strategy.
(Curated by Dennis Moore. Read the complete article here)