When it comes to looking for a job, an apartment, or even a good garage sale, more than 26 million unique visitors each month turn to a Craigslist.com site in one of 450 cities in 50 countries. No one can dispute the cult-like reputation Craigslist, founded by Craig Newmark, has earned. As a company, Craigslist runs frugal with 25 employees working out of an old Victorian building in San Francisco. However, Craigslist has proven that even a well meaning, grassroots bunch of nerds can put a big dent in the advertising profits earmarked for 1,000 of newspapers. Let's not forget how Craigslist, which is 25 percent owned by eBay, has changed the way many of us live and work.
So how did Craigslist, which started as Newsmark's idea for a San Francisco events list 12 years, come this far? Why would a company that could be making hundreds of millions of dollars each year continue to offer a primarily free service? What drives Craigslist's quirky form of innovation and culture? These are some of the things enterpriseleadership.org asked Jim Buckmaster, craigslist CEO. Since 2000, Buckmaster has led craigslist to be the most used classifieds in any medium, and one of the world's most popular Web site.
Bio Since 2000, Jim Buckmaster has been CEO of craigslist.com, which is 25 percent owned by eBay. Before craigslist, Buckmaster directed Web development for Creditland and Quantum, a major disk drive company. He built the terabyte-scale, database-driven Web interface at ICPSR through which researchers worldwide access the primary data archive for the social sciences. After graduating summa cum laude with a degree in biochemistry, Buckmaster attended medical school at the University of Michigan. Business publications, such as The Wall Street Journal and Fortune, frequently write about him. He also has made dozens of television appearances.
To overcome stagnant revenues, Symantec embarked on a corporate transformation integrating disconnected business subsidiaries into one cohesive business, focused on customer needs. Symantec couldn't have done this initiative without the help of Dr. Robert H. Miles, who developed the accelerate corporate transformation or ACT framework to enable change. He has written many books on the subject and heads up a corporate transformation consulting practice and serves as chairman of two other consulting firms that use his ACT framework.
Dr. Miles developed the ACT framework for business transformation while he was carrying out executive leadership programs for CEOs at Harvard Business School. The first version of ACT emphasized focus and execution. After spending time in Silicon Valley, Dr. Miles expanded the ACT framework to include speed and engagement. He says, "These four competencies become the bedrock of an organization's management process."
In this podcast, Dr. Miles talks how the ACT framework can help C-level executives to plan, to launch, and to refocus corporate transformation efforts, how companies have benefited from this framework, and why speed, not necessarily agility, is the new management discipline.
Bio Dr. Robert H. Miles is president of Corporate Transformation Resources, a consulting firm focusing on improving the effectiveness and profitability of corporations. He has serves as chairman of two other consulting firms that use his ACT framework to enable business transformation. For many years, Dr. Miles served on the faculty at the Yale School of Management and the Harvard Business School. He was dean of faculty and the Isaac Stiles Hopkins Professor at the Goizueta Business School of Emory University. He is the author and or co-author of many books on corporate transformation and organizational effectiveness, including Corporate Comeback, Leading Corporate Transformation: A Blueprint for Business Renewal, and Big Ideas to Big Results.
Production Credits Elizabeth Ferrarini, Executive Producer Tom Parish, Host and Audio Producer 5AlarmMusic.com , Production Music Library for Broadcast, Film, Video & Post Production
Like many large companies, Sybase, with $1 billion in revenues, has eliminated millions of dollars of unnecessary IT costs in the past few years. This data company has gone from 30 global centers down to three consolidated data centers. JimSwartz, Sybase's CIO and vice president, says, "Our mantra is to simplify, to standardize, and to consolidate." The primary data center now resides at the corporate headquarters.
However, Sybase has an aggressive plan to keep IT costs down by going green. In fact, JimSwartz, CIO of Sybase, says that initiatives, such as server virtualization, service oriented architecture, retiring and redeploying servers, temporary storage of the OS, and improved cooling, could postpone the building of a new data center until 2017. Swartz says, "About a year ago, we realized that we were going to run out of power and cooling in the near future unless we did something. We looked for clever ways to solve the problem rather than to spend upwards of $10 million to retrofit or to build a brand new data center."
In this podcast, JimSwartz, CIO and vice president of Sybase, describes his company's green program for the entire enterprise.
Bio JimSwartz is chief information officer and vice president of Sybase, where he oversees a team of IT professionals who provide applications and computing support to worldwide business and engineering units. Before Sybase, Swartz was CIO at SRI International and at Science Applications International Corporation. He has been a member of the California Information Technology Commission, providing recommendations on policy and technology issues to the State Department of Information Technology.
Production Credits Elizabeth Ferrarini, Executive Producer Tom Parish, Host and Audio Producer 5AlarmMusic.com, Production Music Library for Broadcast, Film, Video & Post Production