The announcement of Zain's death was acknowledged by the Company. Today were focused on a broader range of devices. But very few have all the elements required: talent, resources, and perseverance. Microsoft Corp said on Thursday it will slash up to 18,000 jobs, or 14 percent of its . 2 cloud player with more than 15 percent of the market, presenting the most credible threat to the dominance of Amazon Web Services. Please feel free to send any questions you have to one of the Senior Leadership Team members or me. Early in his career Nadella learned that great institutions are built on a clear vision. This will be made possible by an ever-growing network of connected devices, incredible computing capacity from the cloud, insights from big data, and intelligence from machine learning. Sign up for notifications from Insider! We sometimes underestimate what we each can do to make things happen and overestimate what others need to do to move us forward. February 4, 2014 I saw then how clearly we empower people to do magical things with our creations and ultimately make the world a better place. I feel bad for him. It is an incredible honor for me to lead and serve this great company of ours. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. which isn't rude. On his first day CEO, Nadella wrote in an email to employees Microsoft needed to make a change. So family, curiosity and hunger for knowledge all define me. CEO. If we deliver on this, we will emerge stronger and thrive long into the future; it's as simple as that. Visit our corporate site (opens in new tab). This is the opportunity that drives each of us at this company. On the company:We will be fair, he said. I buy more books than I can finish. I knew there was no better company to join if I wanted to make a difference. However, even though they are separate, they still have a lot in common. We must change this. It reminds me of my very first day at Microsoft, 22 years ago. Thats what makes me sleep well at night. We are the only company with history and continued focus in building platforms and ecosystems that create broad opportunity. Nadellas book and his recent email about Microsofts focus on a cloud-based future reflect how effectively he communicates his vision. That is a phenomenal turnaround. Satya Nadella on Digital Transformation 2018 Journey of Digital Transformation with 4 Pillars 1. I'm confident that Microsoft will emerge from this stronger and more competitive, but it requires us to take actions grounded in three priorities. With the structural change described above, Stephen and I have agreed that now is the right time for him to retire from Microsoft. As such, we are taking a $1.2 billion charge in Q2 related to severance costs, changes to our hardware portfolio, and the cost of lease consolidation as we create higher density across our workspaces. Microsoft CEO Satya Nadella read a book that changed his outlook on leadership and business. Many companies aspire to change the world. And like anyone else, a lot of what I do and how I think has been shaped by my family and my overall life experiences. All Rights Reserved, By submitting your email, you agree to our. We're also seeing organizations in every industry and geography exercise caution as some parts of the world are in a recession and other parts are anticipating one. It is an incredible honor for me to lead and serve this great company of ours. Satya. Niiice. but we all know the real master mind behind all this.. Joe B's hair. Microsoft's market cap when he took over in January 2014 was US$300B and had been flat for a decade. Perhaps most important though, Kirill and team have shown us that participating in a meaningful way in the CRM and ERP market opens up new opportunities we can uniquely take advantage of by bringing Dynamics into Microsoft's mainstream engineering, sales and marketing efforts. In our early history, our mission was about the PC on every desk and home, a goal we have mostly achieved in the developed world. It's official, Satya Nadella is Microsoft's next CEO, and on his first day on the job he's sent a letter to the whole staff. When you purchase through links on our site, we may earn an affiliate commission. could they not wait a few more days.. I doff my hat to this fellow.He has steered Microsoft well since he's come in. Nadella could have simply cited the evidence in his book and never mention it again. Apple speakers are really good, but they tend to sound prophetic when they speak. The Daily Digest for Entrepreneurs and Business Leaders. Ba dum, tssh! Microsoft has proven that it has all three in abundance. msn back to msn home money. Subject: RE: Satya Nadella Microsofts New CEO. Our job is to ensure that Microsoft thrives in a mobile and cloud-first world. Why Search Is Changed Forever. When asked for the number one thing she looks for in employees, Sheryl Sandberg replied: "Someone who takes feedback well. For starters, without Elop, whether this site exists today is in question. Time is running out on free COVID tests and vaccines; what then? On his first day at Microsoft, this transformation was uncertain, as the company was reeling from its failures in the smartphone industry as it tried to stay relevant in a shrinking PC market. I really like his style, I hope that I can be as good a presenter as him. Microsoft announced plans on Wednesday to reduce its headcount by 10,000 positions. We must change this. ". This starts with clarity of purpose and sense of mission that will lead us to imagine the impossible and deliver it. Our competition and our customers don't care about our organization structure they care about innovation. Im confident that Microsoft will emerge from this stronger and more competitive, but it requires us to take actions grounded in three priorities. This doesn't mean that we need to do more things, but that the work we do empowers the world to do more of what they care about get stuff done, have fun, communicate and accomplish great things. Team, I disliked this stupid nutalla from the beginning, this makes me dislike even more. The opportunity ahead will require us to reimagine a lot of what we have done in the past for a mobile and cloud-first world, and do new things. He built a great camera phone at the cost of the entire smartphone division of Nokia. I want to extend my deepest thanks and gratitude to everyone who has contributed to Microsoft up to this point and to all of you who will continue to contribute as we chart our path ahead. Not so much. We have done it, we're doing it today, and we are the team that will do it again. he reports to Terry under the WDG group now. That means every one of us and every team across the company must raise the bar and perform better than the competition to deliver meaningful innovation that customers, communities, and countries can truly benefit from. Wellat least he accomplished something, I guess =P. Our job is to ensure that Microsoft thrives in a mobile and cloud-first world. First, we will align our cost structure with our revenue and where we see customer demand. Like many of you, there have been times over the past weeks where it has felt overwhelming and all-encompassing for me. I worry about the health and safety of my family, my co-workers and friends. January 18, 2022 (Elop has lot of kids and perhaps a new wife in making) From helping craft a Super Bowl ad and helping design new business and marketing models to his work in data analytics, Mark has helped me set the company on a new course. While the deal is not yet complete, we will welcome to our family Nokia devices and services and the new mobile capabilities they bring us. Culture. Im also looking forward to working with John Thompson as our new Chairman of the Board. The best work happens when you know that it's not just work, but something that will improve other people's lives. That means every one of us and every team across the company must raise the bar and perform better than the competition to deliver meaningful innovation that customers, communities, and countries can truly benefit from. There was a problem. Could be due to yet another shift in strategy. This is the first restructure under Satya, correct? It reminds me of my very first day at Microsoft, 22 years ago. There are some powerful lessons here for leaders. Second, we will continue to invest in strategic areas for our future, meaning we are allocating both our capital and talent to areas of secular growth and long-term competitiveness for the company, while divesting in other areas. Nadella's memo to employees doesn't even mention Windows until the 23rd paragraph. 5G, Borje Ekholm, Ericsson, Ericsson HQ, google, job . Joe B. is a lower level exec working under Terry in the WDG. I believe over the next decade computing will become even more ubiquitous and intelligence will become ambient. ET Now Digital But he made the list. Their new mission . Nadella's mantra sounded similar to Ballmer's, but it represented a fundamental shift for the company to focus on cloud computing. Joe b. can do it very very good. We have picked a set of high-value activities as part of our One Microsoft strategy. Besides is beeing rumoured ongoing plans by Nokia to return to the smartphone business. I buy more books than I can finish. We have picked a set of high-value activities as part of our One Microsoft strategy. Today is a very humbling day for me. In the 2006 book Dweck explores the habit of having a growth mindset: the belief that our potential is not stagnant. Benefits for employees outside the U.S. will align with the employment laws in each country. Feb. 21, 2023 6:00 AM PST. We cant handle too many items in a list before we forget the entire list. After more than 25 years at Microsoft, Eric Rudder has decided to try something new. I think that is seeing things a bit too narrowly. Microsofts 120,000 employees know what their CEO believes, how he sees the world, and where he wants the company to go. In our early history, our mission was about the PC on every desk and home, a goal we have mostly achieved in the developed world. We are the only ones who can harness the power of software and deliver it through devices and services that truly empower every individual and every organization. I liked Windows 7. It's important to note that while we are eliminating roles in some areas, we will continue to hire in key strategic areas. Microsoft's market value is up to about $1.32 trillion at the time of this writing from around $300 billion when Nadella first took over, and revenue is up to $125.8 billion in 2019 from $86.8 billion in 2014. Satya Nadella took over as Microsoft CEO six years ago on Feb. 4, 2014. Nadella also lays out a bit of his plan for the company.