The news of retirements are doing the rounds in the newsrooms and one such major retirement is of master blaster Sachin Tendulkar who has outshined India in the World Cup. Nominated to be India’s first active cricketer to Rajya Sabha, Sachin at the age of 14 fielded for Pakistan as a substitute during a one day practice match against India at the Brabourne stadium in 1988.
In October 1999 he became the richest cricketer when he signed a five year contract worth Rs31.5 crore with world Tel. With his effort and hard work he became a name in the cricket world and was regarded as the god of cricket.
Similarly, another retirement that is making headlines is the Microsoft’s chief executive Steve Ballmer who served in the company for 33 years. The dynamic Ballmer will be retiring next year until his successor is found. Before ending his tenure in the company, Ballmer is overseeing the transformation of Microsoft into a devices and services company.
Ballmer believed that this is the right time for him to move and a new CEO should be present to serve longer term for this new direction. With a vision and approach he might have brought Microsoft to a certain degree of level. However, Microsoft needs a successor who can infuse sorely needed innovation into the once-dominant software maker.
With no new exciting products in the kitty, Microsoft has suffered badly in the technology world in recent years. Its plummeting numbers has shown that there is time for transition in the company and this can be done with new approach. Its bumbling pace stands in sharp contrast to the speed with which companies like Google and Facebook update their services.
With speeding changes developed over the years in the tech industry it is need of the hour for Microsoft to develop new technologies. To bring the company in the race again, Steve might have done many restructuring in the company but all proved to be a failure.
He did reorganizing of all 1,00,000 employees into three big departments. The company will transform into a devices and services company soon. Bur Ballmer decision of leaving the company in this turbulent time is not great news for Microsoft. But may be his exist brings a reinvention chance for the company.
With the change in technology, the PC business, which Microsoft has ruled for decades, is under siege by mobile devices tablets an area that the company has stumbled in. And to come back to the game company needs to act quickly to right itself.