These aren’t the easiest times for Research in Motion, the Waterloo, Ontario-based makers of the BlackBerry. Its head of Australian and New Zealand operations stepped down today after mere months on the job, “to pursue other interests” (snorkeling? bric-a-brac?). An annual meeting with investors yesterday was predictably tense, given that the company has lost 95% of its value in all of four years. And that great white hope, the new line of BlackBerry phones? That’s getting delayed till next year, RIM recently announced.
Well, maybe if RIM’s business is floundering, at least its image is holding up? Far from it. The company thought it would foster some good will among its loyal fan base on Twitter by encouraging users to fill in the gap: “BlackBerry helps me ________,” the company tweeted. I am not a marketing professional, and yet I absolutely could have predicted the array of responses the tweet garnered. BlackBerry, wrote its “fans,” helps people 1) realize they want iPhones, 2) learn to be patient, and 3) keep papers flying from their desks.
“RIM can’t catch a break,” writes Salvador Rodriguez for the LA Times. But another way to put this is that RIM is simply failing. The more you read about RIM, the more it sounds like a culture of complacency has reigned far too long in its board rooms. As one vocal investor reportedly put it yesterday: “What this board is missing is more technologically savvy expertise, marketing expertise and a little more transaction expertise… This is too cozy and clubby a board.”
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