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You are here: Home / Archives for Management

Management

Savant CEO Changes in Unexpected – and Unexplained – Shakeup

September 28, 2016 by Ted Leave a Comment

Savant logoLate yesterday afternoon, a strange press release came our way. This release was strange for a couple of reasons – first, for what it was announcing – Savant’s founder Robert Madonna was returning to the CEO role, replacing “outgoing” CEO William Lynch. Second, it was strange because it gave no reason for this dramatic change of CEOs; and, third, it was strange because of where it came from – a PR firm that the company hasn’t been using for a couple of years.

What’s up at Savant? See more on this unexpected turn of events… [Read more…] about Savant CEO Changes in Unexpected – and Unexplained – Shakeup

Filed Under: Management, Manufacturers, News, Pivot Point Tagged With: automation, Barnes and Noble, control, Robert Madonna, Savant, William J. Lynch

CEDIA Attendance Flat Again – CEO Says It’s Good News

September 22, 2016 by Ted Leave a Comment

Photo of crowd from CEDIAThis week, CEDIA released their attendance figures for CEDIA 2016 (formerly the CEDIA Expo) which closed last week in Dallas. The total number of attendees was said to be 18,750 or flat with the 18,700 that attended last year.

See why CEDIA management tells us this is a positive result… [Read more…] about CEDIA Attendance Flat Again – CEO Says It’s Good News

Filed Under: Associations, Industry Trends, Management, News, Social Media Tagged With: CEDIA, CEDIA Expo, Vin Bruno

CEDIA EMEA ‘Integrated’ Into CEDIA U.S.

September 15, 2016 by Ted 2 Comments

BREAKING NEWS

CEDIA EMEA Being Subsumed into CEDIA US in a Bloodless Coup is a Win for New CEO

cedia logoThis morning, the Custom Electronic Design & Installation Association (CEDIA) announced that CEDIA EMEA and CEDIA headquarters in the U.S. has been completely “integrated” and is now one entity in whole. The news will be a huge surprise to some, and a point of confusion for others, as not many people understood the relationship between the two organizations. CEDIA EMEA, formerly CEDIA UK, is in fact an independent organization that licenses the rights to use the CEDIA name in Europe.

Now, things have changed.

See more on what this surprising move means… [Read more…] about CEDIA EMEA ‘Integrated’ Into CEDIA U.S.

Filed Under: Associations, Integrators, Management, News, Pivot Point, Strategy Tagged With: CEDIA, CEDIA EMEA, CEDIA U.S., Vin Bruno

Crestron is Officially Back at CEDIA 2016

September 9, 2016 by Ted 4 Comments

BREAKING NEWS

Crestron logoDespite Crestron’s announcement earlier this year that they will exit the CEDIA show, Strata-gee has confirmed with CEDIA that Crestron Electronics, Inc. will in fact be exhibiting at this year’s CEDIA 2016 next week in Dallas, TX. Crestron will be exhibiting in booth 2510, a booth that they are sharing with Amazon Alexa.

See more on this surprising development, where Crestron reversed their decision to exit… [Read more…] about Crestron is Officially Back at CEDIA 2016

Filed Under: Associations, Management, Marketing, News, Pivot Point, Shows & Events, Strategy Tagged With: Amazon Alexa, CEDIA, Crestron, Vin Bruno

New, Smaller, More Focused Kaleidescape is Back

September 8, 2016 by Ted Leave a Comment

Kaleidescape logoIn a letter to dealers sent Thursday evening, Kaleidescape CEO Cheena Srinivasan says the company is back in business, but in a leaner, lower overhead way. The news, which the industry rumor mill was buzzing about all day Thursday, is a bit of a surprise considering the company was completely shut down just a couple of weeks ago.

See more about the new Kaleidescape… [Read more…] about New, Smaller, More Focused Kaleidescape is Back

Filed Under: Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Cheena Srinivasan, Kaleidescape

Sharp in Negotiations to Buy Back Building Sold Only Months Ago

August 31, 2016 by Ted Leave a Comment

New Owner’s Moves Continue to Confound the Japanese Media

Graphic of Sharp's LogoNews comes out of Japan that the new owners of Sharp are in the process of buying back a building the old management sold off when seeking to improve profitability by reducing overhead. Now, new management – made up of former Foxconn executives – are doing an about-face and looking to repurchase the building, in a move that has Japanese media scratching their heads.

See more on this new course reversal from Sharp’s new managers… [Read more…] about Sharp in Negotiations to Buy Back Building Sold Only Months Ago

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Foxconn, Hon Hai Precision Industry Co., Sharp

Changing Its Mind, Sharp to Negotiate to Buy Back the N. American TV Biz

August 23, 2016 by Ted Leave a Comment

Photo of Sharp solar panelSharp Corp., a division of Taiwan’s Hon Hai Precision Industry Co. – better known as Foxconn – is rethinking its previously determined plans for business success. As the company was struggling with financial hardships prior to the closing of their acquisition by Foxconn, Sharp made several cost cutting moves, including selling the North American and Europe rights to the Sharp TV brand to certain OEM manufacturers. Now, as they ponder how to drive revenue growth, there are reports they are changing their minds on these and other deals.

See more on this major planning flip-flop by Sharp… [Read more…] about Changing Its Mind, Sharp to Negotiate to Buy Back the N. American TV Biz

Filed Under: Asian Connection, Brands, Industry Trends, Management, Marketing, News, Pivot Point, Strategy Tagged With: Foxconn, Hisense, Hon Hai Precision Industry Co., Sharp, UMC of Slovakia

Multiple Reports: Kaleidescape is Closed

August 20, 2016 by Ted 3 Comments

BREAKING NEWS

Kaleidescape logoWe have been inundated with multiple reports that media server kingpin Kaleidescape has ceased operations as of the end of the day yesterday (Friday). Furthermore, all employees both internal and external, have reportedly been let go.

See more on this sudden – and to many  – surprising news… [Read more…] about Multiple Reports: Kaleidescape is Closed

Filed Under: Brands, Financial, Management, News, Pivot Point, Tech Trends Tagged With: Cheena Srinivasan, Kaleidescape, Kaleidescape Owners' Forum

LCD Kingpin Sharp, Under New Management, Pursues OLED

June 22, 2016 by Ted Leave a Comment

Sharp to Cut Another 7,000 Employees

Foxconn logo

Big changes are coming to Sharp, Corp. in the wake of their acquisition by Hon Hai Precision Industry Co – better known as Foxconn. News out of Japan notes that the deal between Sharp and Foxconn officially closes at the end of this month. According to both parties, the acquisition is proceeding smoothly and is fully expected to close on time.

But Foxconn has big plans for big changes at Sharp… [Read more…] about LCD Kingpin Sharp, Under New Management, Pursues OLED

Filed Under: Asian Connection, Management, Manufacturers, News, Pivot Point, Strategy, Tech Trends Tagged With: acquisition, Foxconn, Hon Hai Precision Industry Co., Kozo Takahashi, Sharp, Terry Gou

Department of Justice Says It Will Not Charge Nortek in Bribery Scandal

June 9, 2016 by Ted Leave a Comment

SEC Forces Nortek to Forfeit Profits Resulting from the Bribe

Nortek LogoThe Department of Justice (D.O.J.) has notified Nortek, Inc. that it has closed its investigation into a corporate bribery scandal involving the company’s operations in China and will take no further actions, according to a report by Reuters. Nortek, parent company of Core Brands – a holding company of several custom integration brands – had revealed the existence an internal investigation into the matter by the company to investors several quarters ago. At the same time, Nortek reported the matter to the authorities, noting that they would fully cooperate with any government investigation.

Nortek “will not be charged because the U.S. [company] had turned themselves in,” Reuters noted. Nortek stock was up 5.19% in late afternoon trading on the news.

See more on why the D.O.J. decided to not charge Nortek… [Read more…] about Department of Justice Says It Will Not Charge Nortek in Bribery Scandal

Filed Under: Law, Management, Manufacturers, News Tagged With: Core Brands, D.O.J., Department of Justice, Nortek, Nortek Inc., SEC, Securities and Exchange Commission

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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