Sunday, 17 February 2008

michael dell rebuilding his computer



Michael Dell Rebuilding His Computer Company

After taking back control of 'Dell Computer', founder Michael Dell is

proving once again that he has the right stuff when it comes to

running a large corporation. After leaving the role of CEO, Dell

watched other leaders almost drive this American Success Story company

into the ground with poor business choices and there were even reports

of previous company leaders trying to manipulate earnings so Dell

stock would not suffer. There have always been two kinds of CEO's. The

first kind does the hard work necessary to build a successful company

and keep working hard to continue it's growth and other CEO's that

only know 'slide of hand' tricks that work for awhile on Wall Street -

but eventually come apart when their tricks are discovered by

analysis. I believe Michael Dell is the 'real deal' when it comes to

the company that bears his name and I have no doubt that he will be

able to turn Dell Computer around in short order. Today, Dell

announced that the company will spend ten (10) billion dollars to buy

back it's own stock. Wall Street always likes to see companies

spending their profits to buy back their own stock. To many, when a

company buys back it's own stock they are saying to the world that our

company is the best place we can put our own profits which is a good

and positive sign for future growth.

I live in Texas and as most of you know Texans are known for their

'tall tales' and living legends. Michael Dell is a living legend in

Texas and if you ever have a chance to visit Round Rock, Texas you

will see what a huge impact this one man had on that cities economy.

About twelve years ago, I had never heard of Dell Computer. Back then

a man I worked with came into the office one day with a huge smile on

his face. Curious, I finally asked him why he was so happy that day

and he replied with only two words, 'Dell Computer'. I remember asking

him what the heck was Dell Computer? When he explained, to me, that

since his initial investment less that a year before their stock had

double in price, I started not only listening to him talk about Dell

Computer, but I also started learning as much as I could about this,

until that date, unknown company to me. Over the next five years I

watched as Dell Computer became a household name and I marveled at how

many businesses and government offices had computer monitors that had

the 'Dell Computer' name on them. At some point in time, Michael Dell

step down as CEO of Dell Computer and other managers were brought in

to run the show. However, it soon became clear that no one else could

run the company as well as Michael himself - so now he is back where

he belongs - sitting in the big chair as CEO of this computer giant.

As I type this posting on a Dell Computer, so much has changed since I

first heard that name back in 1995. More so today, than ever before it

is difficult to visit a government office, a private or public company

or a friends home without seeing the name Dell on a computer monitor.

If people try and tell you that all the good idea have been thought of

and the future is bleak in the world today, don't listen to them.

Instead look at the example of what Michael Dell has been able to

accomplish in his short life. The only thing that is needed for

success in America today is a good idea and the tenacity to work that

idea until it becomes successful. Very few people ever see the years

of hard work that go into a new idea before it catches on and becomes

popular. Usually there are years of hard work, with no profit, which

lead up to something being labeled the latest 'overnight success' by

the media. All major companies started with an idea and an owner that

refuses to give up on that idea even if no one else supports them. In

a strange sort of way, the way to success in any business is to take a

good idea and focus on little else until that idea turns into your

work of art. I believe Michael Dell did such a thing many years ago

and like successful businessmen before him, he refuse to give up when

the going got tough and stubbornly push forward even when few others

saw the value of his idea.

Read more about the Economy:

Wall Street Could Once Again Face - 'Black Monday'

Are American's Recession Fears Justified?

Stan O'Neal's 'Golden Parachute' Worth $160 Million

Merrill Lynch CEO Stan O'Neal Out?

Fed Cuts Rates To Steady Housing Market


No comments: