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Carol Bartz, Director, President and Chief Executive Officer. Angi Comley Bus 520 May 11, 2010 Dr. Michael McDermott. Yahoo! Is a Fortune 500 Company Ranked 343. Carol Bartz, CEO Yahoo! Biography. Carol A. Bartz was born August 29, 1948 in Winona, Minnesota .
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Carol Bartz, Director, President and Chief Executive Officer Angi Comley Bus 520 May 11, 2010 Dr. Michael McDermott
Carol Bartz, CEO Yahoo! Biography • Carol A. Bartz was born August 29, 1948 in Winona, Minnesota. • Mother died when 8 years old, raised her two year old brother • Moved to Wisconsin at 12 to live with Grandmother after abuse from father was detected • BA in Computer Science in 1971 from University of Wisconsin • Married to Bill Marr former executive of Digital Executive systems and Sun Microsystems one child together. • Hobbies golf, gardening and tennis
Carol Bartz Seven Strategies for Sustaining Performance in Good Times and Bad
Female Leadership/Emotional Intelligence • Effective • Influential • Powerful • She has not tried to soften her leadership style to gain approval from her constituents. • Women are expected to combine leadership with compassion • She is Direct unlike most women she does not sugar coat anything. • StrategistGenerates organizational and personal transformations • Effective as transformational leader • She is known for more brute force than finesse • She defies the perception of female leadership
Carol Bartz is a Level 5 Leader • An executive builds enduring greatness through a paradoxical combination of personal humility plus professional will. • You must fail. If you don't fail, you don't know the degrees of success... I think failure's a very important part of life."
She is a seasoned technology executive Savvy leader She has a proven track record of driving growth History of operational excellence She can bring shareholder value Carol Bartz has stabilized Yahoo! Generated savings Cost-cutting efforts has allowed the company to hire people for sales and engineering. Restructured top management Sold off unprofitable units Struck key partnership with Microsoft July 2009 http://video.yahoo.com/watch/5644488?fr=yvmtf However her ultimate success will depend on how Yahoo! Recovers financially and how stock performs on Wall street. Is Carol Bartz The Right Choice for Yahoo!?
References • http://www.businessinsider.com/2009/1/bartz-tell-me-why-i-shouldnt-fire-the-whole-lot-of-you#ixzz0nUIoCFr3 • http://www.womensmedia.com/lead/111-sustaining-performance-in-good-times-and-bad.html • http://www.wikinvest.com/stock/Yahoo!_%28YHOO%29 • http://video.yahoo.com/watch/5644488?fr=yvmtf • http://www.pcworld.com/article/169261/what_the_microsoftyahoobing_deal_means_for_you.html • Leadership That Gets Results, Goleman, D, Harvard Business Review, 2000 • Primal Leadership, Goleman, D, Harvard Businesss Review, 2001 Understanding Leadership, Prentice, Harvard Business Review, originally published in 1961. • What Makes a Leader, Goleman, D, Harvard Business Review, 1998