The news is out, Jerry Yang has come to the realization that he is not the guy who can take the company he Co-Founded back to the level of dominance that Yahoo once was on the web. It was only a year ago that I had referred to Yahoo, Microsoft and Google as the Big 3 of the Internet and now troubles have taken the company stock down to hovering around $12. Here at home in Canada the news has shaken things up a bit and there have been a few people who did leave, but it is a new day and Yahoo! Canada is moving forward. I recently ran into Yahoo! Canada General Manager, Kerry Munro who is extremely excited and confident about the times ahead for the organization. He shared with me that within the Yahoo offices around the world Canada is and still remains as one of the most profitable.
One thing is for certain, Yahoo! Canada is still a very strong brand and does still command consumer’s attention. Next year will be an interesting year, and definitely a year of opportunity. Online video and mobile are possible areas where the team could make some strong in-roads. The re-signing of the Rogers/ Yahoo partnership also provide great opportunities for areas of growth.
Knowing Kerry’s personality he’d never say it, but 2009 might be the year that he gets to say “I told you so…” with a great brand, strong product offering, I think there is only can go from here.
