Wednesday, January 3, 2018

'Going private allowed us to take more risks' - Dell CFO Tom Sweet

When @TomSweet joined what was then just called Dell Inc in 1997, times were good. The PC was king and Dell was fast on its way to becoming the premier PC manufacturer. But reigns don’t tend to last long in the technology business. Dell’s light dulled somewhat in the web 2.0 world of mobiles, tablets, apps, videos and the cloud. After 25 years as a listed entity, the company went private in a leveraged management buy-out in 2013, acquiring cloud services provider EMC three years later in the largest merger in tech history, forming @DellTechnologies. Few will have had such a good view of this high octane period in the company’s history as Sweet, now Dell Technologies' CFO. @DellEMC

https://www.managementtoday.co.uk/going-private-allowed-us-risks-dell-cfo-tom-sweet/leadership-lessons/article/1453579

No comments:

Post a Comment