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You are here: Home / Archives for Management

Management

Sony Offers Unusual Incentive to Attract Chip Engineers for Expanding Division

March 6, 2023 by Ted Leave a Comment

photo of a Sony facility
[Photo: Nikkei]

Sony is looking to make a major investment to fuel even greater growth in its semiconductor business – a hot category right now around the globe. This means they need to hire engineers, dozens of engineers. But one of the consequences of so many companies chasing the semiconductor category is that competition has really been turbocharged for everything…especially engineers.

Now the company thinks it has found the perfect incentive to lock up the best engineers – something that is not nearly as prevalent in Japan as in the U.S.

See what Sony plans to offer to lock up the right engineers

[Read more…] about Sony Offers Unusual Incentive to Attract Chip Engineers for Expanding Division

Filed Under: Management, Manufacturers, News, Strategy

Masimo Hails ‘Momentous Year’ in Fiscal ’22 with Revenue Gains From Sound United Acquisition

March 2, 2023 by Ted 2 Comments

Image from Masimo quarterly earnings presentation

But Was It Truly a Momentous Year?

On Tuesday, Masimo Corporation (Masimo) (NASDAQ: MASI) announced the results for its fiscal 2022 fourth quarter and full-year periods. Calling 2022 a “momentous year” for the company, management noted strong revenue growth – mostly from its acquisition of Sound United – as well as several adjusted figures exceeding forecast.

Learn more about Masimo’s results and see what they said about Denon and Marantz performance…

[Read more…] about Masimo Hails ‘Momentous Year’ in Fiscal ’22 with Revenue Gains From Sound United Acquisition

Filed Under: Financial, Management Tagged With: earnings, Masimo, Sound United

Russound Says ISE 2023 was a Blast

February 15, 2023 by Ted Leave a Comment

Charlie Porritt/Russound (L), Mike Blackman/ISE (C), and Pete Baker/Russound Rep (R)

Russound released a statement today from CEO Charlie Porritt who summed up their experience at the recent ISE 2023 event in Barcelona. According to Porritt, the show was “one of the most productive, well-run, and enjoyable trade events to date.” It doesn’t get much better than that…

See more on Russound’s experience at ISE 2023

[Read more…] about Russound Says ISE 2023 was a Blast

Filed Under: Brands, Dealers, Distributors, Integrators, Management, Manufacturers, News, Products, Residential, Shows & Events Tagged With: Charlie Porritt, ISE, Mike Blackman, multichannel amplifiers, Pete Baker, Russound

The Transformation Begins: Parasound Appoints Larry Bennett as VP of Sales & Marketing

February 15, 2023 by Ted 3 Comments

Parasound logo

Parasound announced today that it has appointed Larry Bennett, a well-known audio industry veteran, as its Vice President of Sales and Marketing. The company says that this is the first step in new owner David Sheriff’s plan to revitalize the company.

See more on Larry Bennett’s appointment at Parasound

[Read more…] about The Transformation Begins: Parasound Appoints Larry Bennett as VP of Sales & Marketing

Filed Under: Brands, Dealers, Integrators, Management, News, People

These 4 Charts Clearly Reveal the Challenges of Big Tech

February 14, 2023 by Ted Leave a Comment

Australian store of Apple, part of Big Tech
An Apple store in Australia [Photo: REUTERS/David Gray]

After years of driving the economy, Big Tech has suddenly hit a rough road. By now you’ve likely heard about layoffs in tech…lots and lots of layoffs. According to Layoffs.fyi, as of this writing, more than 104,000 tech jobs have been lost in just the first six weeks of 2023. But what is behind the struggles of these Big Tech players?

See four charts that explain what’s happening to Big Tech

[Read more…] about These 4 Charts Clearly Reveal the Challenges of Big Tech

Filed Under: Financial, Management, Manufacturers, News Tagged With: Amazon, Apple, Google

End of an Era: Alex Camara Leaves AudioControl

February 14, 2023 by Ted Leave a Comment

BREAKING NEWS

AAMP Global announced today that Alex Camara, CEO of AudioControl for the last decade, will leave the company “to pursue new opportunities.” This change in Camara’s status will be effective on March 1, 2023.

Learn more about Alex Camara and AudioControl

[Read more…] about End of an Era: Alex Camara Leaves AudioControl

Filed Under: Management, Manufacturers, News, People Tagged With: AAMP Global, Alex Camara, AudioControl, Scott Forst

Sonos Q1 Report: Revenue? Flat. Profits? Down. Stock Price? WAY Up. Wait, What?

February 9, 2023 by Ted Leave a Comment

Sonos fiscal 2023 Q1 results cover image

Wall Street can be a fickle partner sometimes. Occasionally, a company will turn in a good performance, but its stock value will decline anyway because the performance wasn’t as good as financial analysts had expected. And sometimes, as is the case this time with Sonos’ fiscal 2023 first quarter results, you can turn in poor performance, and your stock value can take off flying – because this time, your performance was not good, but not as bad as the financial analysts had expected.

See more on the Sonos fiscal 2023 first-quarter performance

[Read more…] about Sonos Q1 Report: Revenue? Flat. Profits? Down. Stock Price? WAY Up. Wait, What?

Filed Under: Financial, Management, Manufacturers, News Tagged With: Sonos

Sonance Names New Northeast Rep

February 7, 2023 by Ted Leave a Comment

sonance logo

Sonance announced this week that it has appointed well-known manufacturer sales representative firm Strateres as its representative for the New England region. This agreement includes the representation of all of the company’s brands, including Sonance, James Loudspeaker, and IPORT.

Learn more about the Sonance appointment of Strateres

[Read more…] about Sonance Names New Northeast Rep

Filed Under: Management, Manufacturers, Marketing, News, People, Sales Reps Tagged With: Chet Flynn, Peter Dyroff, Sonance, Strateres

The Wild Ride of WiSA Chasing Compliance

January 27, 2023 by Ted 1 Comment

WiSA website image

WiSA Technologies, Inc. (NASDAQ: WISA) has been on a wild and rocky ride over the last few days as it scrambled to head off a delisting action by the Nasdaq stock exchange designed to force its stock listing off the exchange. At issue, the company’s business struggles that contributed to its declining stock bid prices have put it in violation of specific exchange rules governing maintained minimum pricing levels. This led the exchange to begin the delisting process, which WiSA appealed in order to buy itself some time.

The company then quickly embarked on a strategy – a mad dash really – to inflate its stock price artificially via a reverse stock split. But this tactic appears to have failed to impress investors, causing its stock bid price to collapse like an out-of-control toboggan ride down a cliff.

See the wild ride and rocky ride of WiSA

[Read more…] about The Wild Ride of WiSA Chasing Compliance

Filed Under: Associations, Brands, Financial, Management, News, Technology Tagged With: delisting, NASDAQ, WiSA

Sources: Snap One has Restructured Operations with Staff Layoffs

January 26, 2023 by Ted 1 Comment

Snap One website

Multiple reports are pouring in that Snap One, a leading custom integration supplier, has just completed a restructuring that resulted in layoffs. It is not clear at this point just how many employees were cut, but it was significant enough to motivate several sources around the country to reach out to Strata-gee.

See what we know so far on the Snap One restructuring

[Read more…] about Sources: Snap One has Restructured Operations with Staff Layoffs

Filed Under: Brands, Financial, Management, Manufacturers, News Tagged With: Control4, John Heyman, Snap One

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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