Design Con 2015
Breaking News
News & Analysis

MIPS CEO: ‘Companies need to have a soul’

11/1/2010 10:16 AM EDT
26 comments
NO RATINGS
Page 1 / 2 Next >
More Related Links
View Comments: Oldest First | Newest First | Threaded View
Page 1 / 3   >   >>
Neo10
User Rank
Rookie
re: MIPS CEO: ‘Companies need to have a soul’
Neo10   11/1/2010 3:11:22 PM
NO RATINGS
It makes for a good Wall street story in these lowly times, what if it's a small company with small revenues and the CEO talking like a Spiritualist.

junko.yoshida
User Rank
Blogger
re: MIPS CEO: ‘Companies need to have a soul’
junko.yoshida   11/1/2010 3:43:04 PM
NO RATINGS
I don't think Sandeep was talking like a "spiritualist." As a reporter, I can be as much a cynic as anyone. But I was certain that Sandeep meant it, when he talked about "the company's soul." Well, we will see if he will keep up.

krisi
User Rank
CEO
re: MIPS CEO: ‘Companies need to have a soul’
krisi   11/1/2010 4:30:29 PM
NO RATINGS
It all depends how that "soul" is presented. Most companies would like to treat their people well and feel good. But most, if not all, are driven by profits. So the key question is: is the "soul" profitable over the long run? ;-) Kris

CJS2
User Rank
Rookie
re: MIPS CEO: ‘Companies need to have a soul’
CJS2   11/1/2010 7:26:16 PM
NO RATINGS
Junko, I like your article. Well spoken. Growing up in Silicon Valley in the 60’s and 70’s (AMD's first buildings was right behind my high school in Sunnyvale) I must say that by and large whatever the companies I worked for said, when the going got tough, people went out the door. This seems to just be the facts of the working world. At one company though, I was about 2 months from being laid off after my company was purchased by a competitor. When I was given my exit date I asked if I could be extended for any amount of time since one of my children was about to start college. To my amazement, the company delayed my departure two months. It was quite a surprise and much appreciated.

LarryM99
User Rank
CEO
re: MIPS CEO: ‘Companies need to have a soul’
LarryM99   11/1/2010 10:02:45 PM
NO RATINGS
I once worked for a company that had a founder who talked like that. He was very concerned about the corporate culture he was creating and that the employees felt a shared fate with the company. At one point he hired a CTO who once told me that in order to mature the company had to learn to be capable of doing evil. Maybe he was right, but all I know is that I enjoyed working there much more in the early years than the later ones. In my opinion this is something that a CEO should be thinking about just as much as the balance sheet and more than the stock price. Larry M.

Charles.Desassure
User Rank
Manager
re: MIPS CEO: ‘Companies need to have a soul’
Charles.Desassure   11/2/2010 12:35:36 AM
NO RATINGS
Good for MIPS CEO and its 150 employees. I hope that this company enjoys their moment in the spotlight. In the business world, these highlights don’t come often. But to be a powerhouse company, MIPS has a long way to go. The great thing about this article is that it sends out a message of hope to small business and future business students around the world…and you can’t go wrong with that. Very good article.

Sanjib.A
User Rank
CEO
re: MIPS CEO: ‘Companies need to have a soul’
Sanjib.A   11/2/2010 3:17:48 AM
NO RATINGS
Good to see that Sandeep managed not to have reduced his work force during the difficult time. So the "Company with a soul" philosophy might be working well for him and the employees. I too believe, having a "soul" in a company, it's not about inviting families to the Nasdaq, but to allow enough freedom to the employees to have a good work-life balance.

agk
User Rank
Rookie
re: MIPS CEO: ‘Companies need to have a soul’
agk   11/2/2010 11:23:21 AM
NO RATINGS
Yes Sanjib. It is best to retain work force even during difficult times and this pays off later. This happens because of retaining the good workforce but plus the blessings from them or other wise the good feelings the work force will get about the management and the company etc brings them up together. That is the SOUL

ReneCardenas
User Rank
Rookie
re: MIPS CEO: ‘Companies need to have a soul’
ReneCardenas   11/2/2010 5:43:41 PM
NO RATINGS
Junko, Thank you for the fair and refreshing article, I find it very encouraging to see a CEO of a small company express with courage his confidence in the intangible resource of his company workforce. A paycheck alone does not foster loyalty from employees, I just wish there were more boards and top management in high tech companies to pay closer attention to the their assets value.

junko.yoshida
User Rank
Blogger
re: MIPS CEO: ‘Companies need to have a soul’
junko.yoshida   11/2/2010 7:07:50 PM
NO RATINGS
Exactly! That's a great example. It's a small gesture by a company like that -- which makes a huge difference. And often times, a lot of companies forget that.

Page 1 / 3   >   >>
Most Recent Comments
Flash Poll
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Top Comments of the Week