It's going to be a long 6 weeks until the annual meeting & investor days. Unfortunately, we are in a blackout period until the annual meeting. Perhaps we'll get some PR before then and then we'll have a more robust discussion about the team's execution beginning with the Investor sessions. We need to execute with a sense of purpose & a real sense of urgency. Hopefully, IBM is also up to the task. They've been a dog the past 10+ years. Ms Rometty has promised to change this. Here is her chance!
Execution matters...let's hope we're rigorously focused on execution; while we're riding out the quiet period (ends in November)...developing Monitise 2.0, marketing & selling Monitise 2.0, attracting & retaining talent!!!
Share price matters (as well as a reputation for being innovative) when it comes to attracting & retaining talent. Hopefully our leaders appreciate this. While I'm crazy long this stock...I'm afraid that we have ~ 2 mo's to turn around the stock price & change the perception in the market
What Ebay split means for PayPal (per re/Code)...It's not clear if Schulman would have taken the job without a promise of future independence, but industry sources have previously told Re/code that several potential candidates wouldn't have. The hiring dilemma also extends down into the rank-and-file. Based on conversations with people who work in the payments game, PayPal rarely ranks at the top of wish lists that top talent wants to work for, despite generating $6.6 billion in revenue last year and growing at a rate of 20 percent annually. Part of the reason for that is after 12 years as an eBay subsidiary, PayPal is no longer seen as an innovator. The race to win begins with attracting & retaining talent!!!
PayPal...this space is evolving quite rapidly now. Let's hope that we, IBM and our other partners are executing with a sense of urgency...a sense of focus
Note the update to the $ value of transactions to $94M in the regulatory release re: EB's share purchase... More than 30 million users have registered for Monitise's patented technology to 'bank anywhere', 'pay anyone' and 'buy anything', accounting for $94bn of payments, purchases and transfers annually. Additionally, apps designed by the Group's Monitise Create and MEA divisions have been downloaded 30 million times.
Very nice EB!!! It demonstrates your commitment to lead the company's execution & by doing so, deliver shareholder value. Thanks
Are we hiring (acquiring) "smart creatives" at Monitise? I hope so!!! The key to success in modern business is hiring and nurturing "smart creatives," according to a new book co-authored by Eric Schmidt, former chief executive of Google. Unfortunately, share price matters in hiring, acquiring & retention situations. Our leaders will want to double down on retaining our best people & continue a relentless focus on attracting talent!!!
Re Involvement...check out the video for "Offers +" on youtube below. Spread the word. Perhaps this is something to get excited about? Monitise 2.0
Share price matters...in discussions (negotiations) with current & prospective customers, partners, employees & investors. Management, thus far, has refused to do the one thing that optimizes the share price...provide transparency into goals & progress. This is doubly important when the trust is gone. No one cares about the promise of 2018 if we don't believe we can survice 2014 & 2015