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CIO Executive Council

A Peer-Advisory Service and Professional Association for CIOs

Webcast: In the Google Apps Cloud: How to Achieve Your Business Objectives

Dec 3rd, '09, 1 - 2 pm US/Eastern (GMT-5)

Join Council member Brent Hoag, Director, Global IT, at JohnsonDiversey, as he discusses the adoption of Google Apps which has helped meet four corporate goals; sustainability, simplification, increased employee productivity and global collaboration.

Webcast: Collaboration Initiatives: Benchmarks & Best Practices

Dec 15th, '09, 4 - 5 pm US/Eastern (GMT-5)

Join Council members Ruth Thorpe, VP & CIO at the U.S. Pharmaceutical Operations of Sanofi-Aventis, and Gary Kuyper, CIO at Bethany Christian Services, as they speak about their collaboration initiatives and experiences in how and why they chose the social networking and collaboration tools they are using and their business goals for collaboration, and facing culture change challenges.

Data Overview: Collaboration Initiatives Field Guide: Benchmarks & Best Practices

This appendix to the Council Field Guide provides an analysis which discusses benchmarks for collaboration IT implementation costs, adoption rates and payoffs. The overview identifies top IT and business goals and satisfaction rates for collaboration initiatives as well as best practices and lessons learned for implementing collaboration IT.

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News Short

Sprint CEO Forsee Steps Down

Gary Forsee has resigned as chairman, president and CEO of Sprint Nextel, effective immediately.

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By Stephen Lawson

October 09, 2007 — IDG News Service (San Francisco Bureau) —

Gary Forsee has resigned as chairman, president and CEO of Sprint Nextel, effective immediately, the company said Monday.

A committee of Sprint's board of directors is searching for a new CEO. Board member James Hance Jr. will become acting non-executive chairman and Paul Saleh, chief financial officer, will serve as acting CEO until Forsee's replacement is named.

Sprint decided it was time to put new leadership in place "to move the company forward in improving its performance and realizing corporate objectives," according to a statement attributed to board member Irvine Hockaday. The board will focus on chief executive candidates outside the company, he said.

Also Monday, Sprint said it expects to report a net loss of 337,000 postpaid subscribers in the third quarter as well as revenue and income measures below its earlier forecast. It expects consolidated operating revenue to fall below the forecast of US$41 billion to $42 billion and adjusted operating income before depreciation and amortization (OIBDA) to come in below the previous guidance of $11 billion to $11.5 billion.

Sprint, the third-largest U.S. mobile operator with about 46 million customers, has been struggling against two much larger competitors, AT&T and Verizon Wireless. It was formed from the merger of Sprint and Nextel in 2005 and has been criticized for slow progress in merging the two companies' different network technologies. Last year it committed itself to a multibillion-dollar buildout of a WiMax wireless data network that has been scheduled for a widespread launch next year.

Forsee has been under fire over the past several months as Sprint's financial performance and subscriber numbers sagged and its stock fell. He joined Sprint in 2003. He has been president and CEO of Sprint Nextel since the merger, and last year was named chairman as well.

A key task for the company's next chief will be to figure out how to migrate users of the former Nextel network, based on iDEN technology, to Sprint's CDMA (Code Division Multiple Access) infrastructure, said Forrester Research analyst Charles Golvin. The incoming executive will also probably take a hard look at Sprint's planned capital investment in WiMax as its finances falter. One result might be a slower rollout of the closely watched next-generation network, he said. Sprint wants the network to reach 100 million people by the end of 2008, but its radio licenses don't require it to roll it out that fast, Golvin said.

Forsee's departure is good for the company, said Tad Neeley, a principal at Gemini Partners and a private equity investor in an MVNO (mobile virtual network operator).