Open Thread: How Would You Fix Yahoo?
readwriteweb.com
readwriteweb.com
I'd breakdown existing barriers to communication. I'd put a focus on innovation and I'd dig deep into the business to see what opportunities exist but haven't been implemented. I'd establish known business and employee performance goals and "push" the business towards those goals. Profit would be a key dimension of my "new" goals.
Without knowing anything about Yahoo - One of the mistakes I think they made was copying Google's Adwords system. I think they should examine closely the reason customers use online advertising - and then create a unique model based on their customers wants. I could go on but everything after this would be a guess since I really don't know the insides of Yahoo.
2) Let Microsoft run the Yahoo businesses like they do all of their others, as a P&L that could actually take significant losses in the first few years just to gain market share.
3) Profit (half a decade from now)
Focus on search. Search is what made yahoo. Also they need to realize that the money is in search ads.