"New OCZ Chief Exec to Focus on Innovation, Quality and Profitability"
Then they might want to try selling quality products instead of half-baked goods rushed-to-market to dupe the gullible.
Ralph Schmitt Vows to Make Company's Execution Credible and Consistent[10/11/2012 06:47 PM]
The new chief executive officer of OCZ Technology Group - Ralph Schmitt - has revealed his vision about execution of the company going forward. Strategically, OCZ will concentrate on three key pillars - innovation, quality and profitability - that the company will focus on in the future. Additionally, he promised to take responsible business practices and streamline execution in general.
"The tenets of our business moving forward will be simple. Our actions will be based on innovation, quality and profitability. The DNA of OCZ is in a steadfast focus on time to market and performance. That will remain unchanged as we continue to use that focus to drive our efforts into the marketplace," said Ralph Schmitt, chief executive officer of OCZ Technology, during a conference call with financial analysts.
The new chief executive officer fully admits that even though OCZ is now one of the world's largest and best-known suppliers of solid-state drives, the market that is growing rapidly these days, the company clearly faces many challenges and problems, besides, there are things that must be fixed.
"OCZ has a polarizing image: there are relentless fans and equally relentless detractors. It is my goal to continue to do the things that make people so passionate about this company. We will build the highest performing and reliable products in our target markets. We will fix the things that have been the source of our very vocal detractors," stressed the newly appointed chief exec.
One of the key things that Mr. Schmitt will need to address as the CEO will be execution and business practices at the company. To successfully compete against significantly bigger competitors, OCZ had to take risky decisions and make dangerous moves to be first on the market, gain market share and win profitable contracts. However, the situation got too tough in the last quarter, which is something that made investors so unhappy that they decided to change the management of the company.
"Credibility and consistency will be paramount, and we will talk less and execute better. My approach is to empower our employees to take the appropriate risks, make decisions and be accountable for their actions. When they succeed as individuals, we will succeed as a company," stressed the new chief executive of the company.
Enter your username and e-mail address. Password will be sent to you.
6:09 pm | Second-Generation Kinect Sensor for Windows Due in 2014 – Microsoft. Microsoft Discloses Additional Details About Kinect 2
4:24 pm | New Technique May Open Up an Era of Atomic-Scale Semiconductor Devices. Atom-Scale Semiconductor Devices May Be Incoming, Thanks to New Researchers
11:30 pm | Kinect Support Is Not Mandatory for Xbox One Video Games – Microsoft. Microsoft Will Not Require Compulsory Support of Kinect from Xbox One Games
11:20 pm | Thermaltake Publishes List of PSUs Compatible with Intel Cori i “Haswell” Chips. 20 PSUs from Thermaltake Are Compatible with Next-Gen Intel Chips
11:10 pm | European Amazon Stores Start to List Xbox One with €599 Price-Tag. Microsoft Xbox One May Cost €599 in Europe, If First Listings Are Correct
9:28 pm | Apple to Assemble Macs in Texas, Set to Manufacture Parts Across the U.S. Apple’s Plan to Move Production Back to U.S. Gets Shape
9:12 pm | Microsoft Confident in Lack of Quality Issues with Xbox One Hardware. Microsoft Vows Xbox One Will Not Have RROD-Like Issues
8:52 pm | AMD Officially Launches New-Generation APUs for Mobile Applications [UPDATED]. AMD Introduces Kabini, Temash and Richland Accelerated Processing Units
6:51 pm | OCZ Reveals Vertex 450 Solid-State Drives: High-End Performance at Mainstream Prices. OCZ Introduces New SSDs Based on Indilinx Barefoot 3 Controller
3:40 pm | Nvidia Unveils GeForce GTX 780: GK110-Based Consumer Solution for $649. Nvidia’s Cut Down Titan LE Becomes GeForce GTX 780