Just having a little fun there Ms. Noreen
Rupert is only 81. His mom is like 102, though. And still moving.
Didn't know Rupert was still making moves...at the ripe old age of 120, he's still making moves! LOL
Good point @Cat Tail. And that is probably a good thing.
Re: "perfectly legal"
cat tail
4/10/2012 1:35:07 PM
You must not be an Australian media mogul with a wife who takes on pie throwers.
Re: Rockin' Rupert...tweet, tweet...
Street Smart
4/10/2012 10:52:16 AM
@Ted Faraone, thank you so much for sharing your "boots on the ground" impressions of News Corp and Rupert's management style. Fascinating insights...
I think Rupert's kids, especially James are his Achilles heel. It's a drama played out everyday around the world--a family business in transition.
You illuminate an interesting paradox: News Corp needs to be centrally controlled, but the few competent people who can really do the job are overextended in trying to do everything themselves. Rupert struck out with James, and that must hurt.
I think highly of Chase Carey but he and Rupert have their hands full all right!
Re: "perfectly legal"
Dex
4/10/2012 10:05:39 AM
LOL @Noreen. I would not be surprised if she had.
Maybe his wife tweeted from his account. She's pretty feisty -- and has proven she'll defend her husband.
Re: Rockin' Rupert...tweet, tweet...
Ted Faraone
4/9/2012 11:35:22 PM
You make an interesting point. Written words often come back to haunt a person. That's why I review everything I post before posting it.
Marvin also posed an interesting question. I think the answer to it is this: Rupert built a business empire too big for him to control alone.
When Rupert is directly involved in one of his businesses it tends to be both successful and at least moderately honest. As a close friend of some NewsCorp honchos and former honchos and longtime consultant to the company (no longer), I have firsthand knowledge of this.
He is anything but senile. His mom who is still alive, was going strong past age 100. Rupert is only 80.
Where NewsCorp lags is in corporate governance. When it was a smaller company, Rupert could keep his finger on almost everything. Sometimes success is its own worst enemy. It just got too big for one man to run relying on weekly one page reports from each of his operating divisions. That is how he does it. The reports are primarily financial. They don't go into operating details.
A NewsCorp executive is expected to know how to do a job and succeed without attracting the attention of the police. Rupert would intervene in operating matters when he had a creative idea or saw something in print or on TV of which he did not approve. This sort of managment worked for a long time for NewsCorp, but it is now breaking down under the sheer size and mass of the enterprize.
I certainly don't blame Rupert for sticking to his time-honored managment style. He has had a historic level of success. But now, as big as his worldwide organization is, it may be time to reform the managment structure to prevent the inmates from getting carried away running the asylum by default.
I saw your dog! cute.
chips for lunch? I think our Community Editor needs more ...
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