Marissa Mayer planning to reveal her plans for Yahoo's turnaround tomorrow
The first "all hands" meeting of a CEO is always a time for high drama, so we're expecting big things tomorrow. New boss Marissa Mayer is telling employees about her plans to turn around the faded internet giant on Tuesday, with the same slides she used in closed-door board meetings in an act of "radical transparency." Yahoo's fortunes have been on the slide for a while, after Scott Thompson's scandal-ridden departure, patent clashes, security breaches and the sale of its Alibaba stake in order to spend $3.65 billion on quelling a shareholder revolution.
A report from AllThingsD says that Mayer's likely to introduce progress and goal tracking as a measure of performance. The new system will run from the company as a whole right down to individual employees, something that she picked up from her tenure at Mountain View. The same report has revealed that Mayer's pushing to improve the consumer experience in its Homepage, Mail and Flickr offerings (amongst others) at the expense of advertising -- a move that'll win her plenty of fans used to the minimalist Google homepage.
