Yahoo suffers the death of a thousand meetings?
Kara Swisher has a great run-down of today’s “all-day confab” of Yahoo execs.
Yahoo is a VP-heavy culture and so it is likely the event will be pretty packed, but also pretty dull. In fact, corporations have these kind of gatherings all the time, which are usually about as spontaneous as a Presidential debate. Wait, make that a Vice Presidential debate.
Wait, both of those are less scripted and more exciting than this meeting will be.
“I want to figure out a way to sneak out,” said one VP to me about it, sick as this exec is of Yahoo’s meeting-centric culture.
Her prediction: nothing big to emerge. For my money, Swisher’s most telling observation is this one:
I cannot tell you how many Yahoo execs at all levels complain about the inability to launch products and services easily, to make decisions without fear of getting a no from on high, to take the kind of crazy risks needed to succeed (and sometimes fail, which can also be a good thing).
Unhealthy levels of risk-aversion + inability to execute projects + hard-core competition = looming disaster.
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