I, in turn, wouldn't have minded working alone in a lab environment....
exnt2
· 1 year ago
nortel is pretty good at employees working remotely. one of the few positives at nortel. only disadvantage is some people abuse it. working from home is more productive only if there is total committment.
One of the few left
· 1 year ago
Pretty ironic considering that in a Richard Lowe GIS a few months back when asked about teleworking he said he did not support it and felt all employees should be in the office every day.
Mr Real
· 1 year ago
For every piece of statistic that shows how great working from home is, two could be made to show how great it is to work at the office. In fact, there is so much data out there and confirmation bias is at work really hard on this one, so you can expect two random people to feel equally strongly and have the exact opposite opinions on this one. It takes a special person to be really productive from home. Most of us can't even be productive at work, let alone at home :) I'm not going to deny that this works for some people. If the company is good at identifying those right people and saving money then this could be a great productivity improvement. However . . . Nortel needs to work on "what" rather than "how". Productivity improvements, savings and other efficiency measures are good if you are working in the right direction to begin with and fairly useless if you are not.
Apple
· 1 year ago
Productivity improvements, savings and other efficiency measures are good if you are working in the right direction to begin with and fairly useless if you are not. re Mike Z had a dream that WiMax and PBT will be a main engine for growth of Nortel. His dreams on these 2 segments are over as I understand, Market has relaxed a bit when Mike Z woke up to reality. Now, Mike Z and CO presents another dream. Teleworking! It looks like Mike has read the same Si-Fi books as I did. Good for him. He will always get his millions as long as he is CEO. What about shareholders, employees, customers? an example Lets Google wimax+nortel to see what I am talking about...
Another Nortel Watcher
· 1 year ago
Ootfl - Lowe's comment just goes to reinforce that he doesn't know how to run an organization any better than he knows how to run the Carrier business. Lowe is one of my litmus tests for Nortel. As long as he's there running the Carrier business, the company is still sick and has the wrong CEO.
Mr Real - You make a good point. As long as Nortel is stumbling around in the dark, it doesn't matter where people work - they won't/can't be productive.
observer
· 1 year ago
Market has relaxed a bit when Mike Z woke up to reality.
Wrong. The market is "relaxing" because the market is sick and the economy is getting sicker. $140 oil will simply break a lot of business models in North America & Europe like airlines and combustion engine based automobiles. Equities are always about the macro-outlook not the micro.
WiMax never had a shot because it still is going nowhere with a tier 1 operator. And if anything thinks people in North America are going to continue their wireless habits with $140 oil and rising food prices, they are sorely out of touch with reality. Price inflation is like playing with matches near leaking natural gas. The Fed under Bernanke has ignited it and now we must all prepare for the explosion.
Apple
· 1 year ago
Market has relaxed a bit when Mike Z woke up to reality.
Wrong. The market is "relaxing" because the market is sick ============ re wrong what? or who? It's not what I meant. I said market reacted positively to NT stock on the day Nortel announced dropping own WiMax development; the day Mike Z stopped dreaming about WiMax as one of the growth engines for Nortel company. How much money Mike Z wasted on WiMax at Nortel? I've never pretended to know all the markets of all stocks_global economy but I know a bit about few stocks as you may know.... You are right that in the bear market bad stocks will do very bad /NT as an example/ and good stocks will do much better for shareholders /AAPL as an example/ If you are so sure about global economy going into recession you probably will use it in your plays on bad stocks as they should reward you nicely. Thank you for sharing your global views with us. Lets Google wimax+nortel to see what I was talking about... http://www.google.ca/search?client=firefox-a&rl... The links should show what was the WiMax dream Mike Z dreamed about and what happened to his dream. Have a nice day.
Nortel watcher
· 1 year ago
Contrary to Richardson, Tx or RTP-NC, how productive can you be as a home-based employee reporting to Nortel's CALA office in sunny South Florida?
I would guess those people are fooling the boss (Alvio Barrios - I think?) 50% of the time with calls forwarded to their blackberry cellphones where they can also email from.....while spending their time at a shopping mall, restaurant, picking up their kids at school or simply at the Mercedes Benz dealer's service dept.. getting a tune-up...
I can imagine the terror in the CALA office if Hackney gets transferred there as......uh,uh. President for North America Region (Dion Joannou's last gig).
Observer
· 1 year ago
If you are so sure about global economy going into recession you probably will use it in your plays on bad stocks as they should reward you nicely.
I don't recommend playing with anything in this market. Its like playing with fire. The global economy has already begun receding. Price inflation has been stoked in energy and commodities and has started showing up at the consumer level. There have been food riots and work stoppages in most of the developing world in the last month. In bear markets, even good companies get taken down and that is what exactly happen on Thursday and Friday.
Nortelhand
· 1 year ago
Please update the BB. The amount of power that IT uses is nothing compared to other uses in a business. Some business use more than others, but all this Nortel hype about how they will save money for the end user is insignificant to the overall power consumption.
Put something up that can show how Nortel is actually going to start making money and not always disappointing shareholders and employees with negative earnings and one time charges. During Mike Z’s tenure, the performance of Nortel’s PPS bites.
xnortel
· 1 year ago
I telecommuted for Nortel for a year before switching to full-time teaching. My wife's career goals and my little daughter benefited immensely from this arrangement, thanks to Nortel. Telecommuting worked perfectly for me and the fact that you don't have to be absent from home lets you put in a lot more hours each day. My only problem was flying out of North Central PA to get to San Diego (Qualcomm) and then to Reston (Sprint/Nextel) once in a while. Unlike Dallas, it took forever to get out of NCPA. The bad part about teleworking is, I missed the face-face discussions and team lunches which was such an important part of working in Richardson, TX. You pretty much have to give up your social life. The only people I knew in PA were the parents of children my daughter went to school with. I hope Nortel keeps this option open to its Engineers. It simply generates goodwill for the company, whichever way you skin it.
Hogan
· 1 year ago
Green Shmean. Anything Nortel can do to increase Sales is good. Unlike Crisco who build crap but sell based on their name (and being American) Nortel is at a distinct disadvantage on many fronts (lack of Canadian government support, too honest, too much overseas outsourcing, hamstrung by dunn and company) so anything the marketing/sales team comes up with is great. Nortel is a very good charity organization...to the public in their community anyway.
Mr Real
· 1 year ago
anything they come up with isn't going to be great. it would be great if they could actually come up with something great, not just something, anything. they are not any more honest than any other business. and you aren't either when you call Cisco's products crap.
puddintane
· 1 year ago
Charity, shmarity.
Gifting your employees, community and customers worldwide with godlfish ponds, marble Team Picnic plaques, squishy "stress" balls, expensive SecurID key fobs, matching office supplies and consumables, plus countless other fancy gimmicks that all wound up in the trash, oft unused, didn't work too well, mostly because the generous tippers - some were rumored to have been Canadians - rewarded themselves most handsomely for their charity. You can't blame such monumental waste on nationalism. I hear some Nortel locations now have a lights-off policy, which has amounted to the turning off of water fountains, policing of ceiling and vending machine lights. So unlike Crisco. Who's to guarantee that other savings initiatives - like outsourcing - don't impact overall product quality?
All Comments
In fact, there is so much data out there and confirmation bias is at work really hard on this one, so you can expect two random people to feel equally strongly and have the exact opposite opinions on this one.
It takes a special person to be really productive from home.
Most of us can't even be productive at work, let alone at home :)
I'm not going to deny that this works for some people. If the company is good at identifying those right people and saving money then this could be a great productivity improvement.
However . . .
Nortel needs to work on "what" rather than "how".
Productivity improvements, savings and other efficiency measures are good if you are working in the right direction to begin with and fairly useless if you are not.
re
Mike Z had a dream that WiMax and PBT will be a main engine for growth of Nortel. His dreams on these 2 segments are over as I understand,
Market has relaxed a bit when Mike Z woke up to reality.
Now, Mike Z and CO presents another dream. Teleworking!
It looks like Mike has read the same Si-Fi books as I did.
Good for him. He will always get his millions as long as he is CEO. What about shareholders, employees, customers?
an example
Lets Google wimax+nortel to see what I am talking about...
Mr Real - You make a good point. As long as Nortel is stumbling around in the dark, it doesn't matter where people work - they won't/can't be productive.
Wrong. The market is "relaxing" because the market is sick and the economy is getting sicker. $140 oil will simply break a lot of business models in North America & Europe like airlines and combustion engine based automobiles. Equities are always about the macro-outlook not the micro.
WiMax never had a shot because it still is going nowhere with a tier 1 operator. And if anything thinks people in North America are going to continue their wireless habits with $140 oil and rising food prices, they are sorely out of touch with reality. Price inflation is like playing with matches near leaking natural gas. The Fed under Bernanke has ignited it and now we must all prepare for the explosion.
Wrong. The market is "relaxing" because the market is sick
============
re
wrong what? or who?
It's not what I meant.
I said market reacted positively to NT stock on the day Nortel announced dropping own WiMax development; the day Mike Z stopped dreaming about WiMax as one of the growth engines for Nortel company. How much money Mike Z wasted on WiMax at Nortel? I've never pretended to know all the markets of all stocks_global economy but I know a bit about few stocks as you may know....
You are right that in the bear market bad stocks will do very bad /NT as an example/ and good stocks will do much better for shareholders /AAPL as an example/ If you are so sure about global economy going into recession you probably will use it in your plays on bad stocks as they should reward you nicely. Thank you for sharing your global views with us.
Lets Google wimax+nortel to see what I was talking about...
http://www.google.ca/search?client=firefox-a&rl...
The links should show what was the WiMax dream Mike Z dreamed about and what happened to his dream.
Have a nice day.
I would guess those people are fooling the boss (Alvio Barrios - I think?) 50% of the time with calls forwarded to their blackberry cellphones where they can also email from.....while spending their time at a shopping mall, restaurant, picking up their kids at school or simply at the Mercedes Benz dealer's service dept.. getting a tune-up...
I can imagine the terror in the CALA office if Hackney gets transferred there as......uh,uh. President for North America Region (Dion Joannou's last gig).
I don't recommend playing with anything in this market. Its like playing with fire. The global economy has already begun receding. Price inflation has been stoked in energy and commodities and has started showing up at the consumer level. There have been food riots and work stoppages in most of the developing world in the last month. In bear markets, even good companies get taken down and that is what exactly happen on Thursday and Friday.
Put something up that can show how Nortel is actually going to start making money and not always disappointing shareholders and employees with negative earnings and one time charges. During Mike Z’s tenure, the performance of Nortel’s PPS bites.
Anything Nortel can do to increase Sales is good.
Unlike Crisco who build crap but sell based on their name (and being American)
Nortel is at a distinct disadvantage on many fronts (lack of Canadian government support, too honest, too much overseas outsourcing, hamstrung by dunn and company) so anything the marketing/sales team comes up with is great.
Nortel is a very good charity organization...to the public in their community anyway.
they are not any more honest than any other business. and you aren't either when you call Cisco's products crap.
Gifting your employees, community and customers worldwide with godlfish ponds, marble Team Picnic plaques, squishy "stress" balls, expensive SecurID key fobs, matching office supplies and consumables, plus countless other fancy gimmicks that all wound up in the trash, oft unused, didn't work too well, mostly because the generous tippers - some were rumored to have been Canadians - rewarded themselves most handsomely for their charity.
You can't blame such monumental waste on nationalism. I hear some Nortel locations now have a lights-off policy, which has amounted to the turning off of water fountains, policing of ceiling and vending machine lights. So unlike Crisco. Who's to guarantee that other savings initiatives - like outsourcing - don't impact overall product quality?