360 Degree Lu Sibo: Alan'S "Superwoman" Who Is Going To Be Laid Off.

Alcatel lucent announced in July 29th that its CEO Ms. Lu Sibo will resign before the end of this year.

As the world's largest cable equipment manufacturer and the third largest wireless device manufacturer, Alcatel lucent has lost sixth consecutive quarters.

Lu Sibo said later: I believe I am right to choose to leave at the moment.

The company will continue to make profits under the leadership of the new board members and successor CEO.

Lu Sibo, or Patricia Russo, was born in Trenton, capital of New Jersey.

According to public information, she should have been born in 1953, of course, age is a woman's secret.

Located in the eastern US state of New Jersey, it is the fourth largest state in the United States and the most populated state. Its nickname is "Garden State".

In 1777, Washington defeated the British army in the battle of Princeton near Trenton, and then gained independence.

Lu Sibo lives in a big family. There are seven brothers and sisters. Some families take the responsibility of her elder sister because she is very young. So she learned to take care of others from an early age.

When he was a child, Lu Sibo liked sports, always mixed with boys from his neighborhood, played football or played tennis.

This is very important. She needs to lead them later.

In high school, she became the captain of the women's basketball team and the leader of the cheerleading team.

Later, she recalls, in a sense, my growth path is very different from other girls.

Since then, she has entered Georgetown University in Washington state, majoring in politics and history.

Georgetown University (Georgetown University), founded in 1789, is one of the oldest universities in the United States.

The school is located near the federal building and recruited many children from foreign envoys.

The school is also considered one of the highest threshold universities in the United States with an enrollment rate of only 22%.

After graduating from university in 1969, Lu Sibo made an unexpected choice, entered IBM company, and then worked in sales. She became the first female sales representative for big clients.

In the last century, IBM, headquartered in ammonk, New York, was in the golden age. The 1964 era of System/360 appeared. Competition seemed to have ended. People used to use snow white and the seven dwarfs to describe IBM and its 7 competitors.

Maybe IBM customers are accustomed to dealing with middle-aged men in dark suits, and some customers refuse to do business because they are women.

However, this encouraged her to do well in this line. Lu Sibo likes to quote Churchill's words: never, never, never give up!

Later, she recalls, "I just do my best to do my job well, and new opportunities come naturally."

After eight years of AT&T sales, Lu Sibo left IBM for AT&T in 1981.

AT&T, also known as Att Corporation, is a former American Bell Telephone company inventor Baer founded in 1877. AT&T is the largest local and long-distance telephone company in the United States, headquartered in Sanantonio, Texas.

Here, Lu Sibo has completed the pformation from middle professional managers to high-level enterprises.

By the way, at the same time, Carly Fei AT&T was also at AT&T, her first job as an intern manager and involved in sales.

Her age is almost the same as Lu Sibo's. she also graduated from the Department of history.

Of course, from behind, they have more similarities.

Lu Sibo has served as president of the business communications system department, executive vice president of enterprise network department and executive vice president and CEO of service provider network department.

It has also become the first female business leader in AT&T history.

By the way, Lu Sibo likes M&M chocolate, and her subordinates often find the chewing sound in her mouth when she visits the office.

In addition, she completed the Harvard Business School senior management course in 1989.

In 1984, corresponding to the antitrust appeal of the United States, AT&T began to disintegrate, and the local telephone business was reorganized into 7 regional Corporation, including Baer Pacific, Baer the Atlantic and Baer south.

In 1996, AT&T also split the communications equipment manufacturing department and the Baer laboratory, and set up Lucent Technologies, headquartered in Mount Molly, New Jersey.

Related introduction pointed out that in this process, Lu Sibo has played an important role and is one of the founders of lucent.

Since 1925, Baer laboratories has won more than 25000 patents.

In 1947, Baer laboratory invented the pistor.

In 1948, Claude Shannon published the paper "mathematical principles of communication", which laid the foundation for modern communication theory. Its results are based on the research of Baer laboratory.

So far, the Baer laboratory has won 11 Nobel prizes.

In 1999, Lu Sibo served as the head of the service provider network department, which is the core Department of lucent.

However, in 2000 lucent business reorganization, then Lucent CEO Richard mackinn personally supervised the service provider business, so that the functions of the two people overlap.

At this time, facing the pressure of pformation in the digital age, Kodak company, headquartered in Rochester, New York, brought olive branches. In April 2001, Lu Sibo became president and chief operating officer of Kodak.

Many years later, she concluded, "being a woman doesn't make me miss any opportunities."

Gerstner, from the media reports at that time, saw that Lu Sibo's work in Kodak was advancing smoothly.

9 months later, she returned to Jasmine hill, New Jersey, this time as Lucent CEO.

Regarding this decision, Lu Sibo explained, "I seem to be preparing for this position all my life."

There is no doubt that such a change corresponds to the "trouble" of Lucent at this stage.

Wall Street expressed cautious optimism that her stock price rose 3.45% on the first day of work, closing at $7.19 a share.

The "trouble" that lucent encountered at that time can be written in a thick book: in 1996, Lucent was split up, and the Federal Communications Commission (FCC) lifted the telecommunications regulation, which limits the entry limit of the industry.

Telecom giants such as SBC, Wold, Com and Sprint are busy with mergers and acquisitions. On the one hand, they invest heavily to realize the pformation of full service Telecom operators.

At the same time, the field of mobile communications is also growing rapidly.

For a time, the market prospered unprecedentedly.

Lucent shares are up to 94 dollars.

However, Lucent's attention is still stranded on the maintenance of the old network of large communication customers.

Correspondingly, rival Nortel Networks have gained new opportunities in optical fiber communications and later CISCO in routers and corporate data networks.

At the same time, Lucent is keen on mergers and acquisitions. Lucent spent $33 billion to acquire 28 companies in the field of communications.

Lu Sibo played an important role in it, and entered the three most influential women list in fortune fifty times.

But mergers and acquisitions also put pressure on finance.

During the market boom, in order to achieve rapid growth and meet the requirements of Wall Street, Lucent was more relaxed in credit management, and at the same time reserves too much raw materials.

In the autumn of 1999, the demand for telecom market has been significantly reduced before the bubble burst.

Subsequently, the telecom operators not only continue to invest, but also the equipment that has been purchased is unable to repay.

Originally thought that the so-called "sell water people", instantly exposed vulnerability.

In February 2001, the standard Pool Co lowered Lucent's credit rating from BBB + to B B.

Moodie dropped it from Baa1 to Baa3.

Its credit outlook is "negative".

The Wall Street Journal reported that Lucent's 2006 interest rate had risen to 8.6%, 3.75% higher than the US Treasury bill rate, which was close to junk bonds.

When the IT media was keen to talk about the collapse of the Internet bubble, Lucent's market value evaporated 90% in a short span of two years.

Lu Sibo's train of thought is to increase revenue and reduce expenditure.

In the first few weeks after taking office, Lu Sibo visited 19 of the world's largest carriers.

This means that after finishing a meeting, she will go straight to the airport to visit her next client.

Lu Sibo, of course, will not overlook a key point. Although the telecom operators in North America slashed their spending in 2002, the Chinese market in Lucent's five largest market has a unique landscape.

In April 2002, Lucent received the 1/4 order in the tender of the first phase of China Unicom's CDMA project. Once the news came out, stock prices rebounded.

In fact, layoffs started before Lu Sibo went to Kodak. After that, the increasing financial pressure made layoffs become a daily business.

At the end of fiscal year 2003, Lucent's global workforce was only 35 thousand, which is 1/3 in fiscal 2000.

The process is still more human. In the process of layoffs involving China, some respondents said that if the compensation was more reasonable, employment training could be provided if lucent was not found in three months.

Lu Sibo, who visited China for the first time in celebration of the 10th anniversary founding of Qingdao lucent technology communication equipment Co., Ltd., said: "by the fourth quarter of 2003, the Chinese market has become the second largest market after the US mainland, and China is the fastest growing spot in Lucent's global growth."

Prior to that, Lucent announced its earnings report, announcing its first quarterly profit since March 2000.

Share price rose 13.5% on that day.

In an interview with the financial times, Lu Sibo concluded: "I do not think that being a successful CEO is different from being a successful woman CEO in terms of leadership skills.

At the same time, we can not judge the success of CEO only for several years.

In January 2003, Lu Sibo was appointed chairman of Lucent company.

In May, US President Bush appointed Lu Sibo as a member of the National Security Telecommunications Advisory Committee (NSTAC) and vice chairman in 2006.

Alcatel lucent, 2006, issued a joint statement in Paris in April 2nd by Alcatel and Lucent, announcing that the two companies have formally signed the merger agreement.

The two companies will merge in the form of a swap. Al Carter holds 60% of the new group, while lucent owns 40%.

Alcatel, founded in 1898, is headquartered in Paris, France.

The Al Carter communications department provides full line products and services from the backbone network to the user terminal for the communications operators, service providers, enterprises and consumers.

After the merger, the two companies became the second largest telecom equipment companies in the world after CISCO, with an annual sales revenue of 21 billion euros and a market capitalization of about 30 billion euros.

Alcatel company's sales revenue in 2005 was 13 billion 100 million euros, earning 930 million euros, and its market value was 18 billion 700 million euros.

In the same year, Lucent's sales revenue was 7 billion 900 million euros, earning 990 million euros, and its market value was 11 billion 600 million euros.

The company is headquartered in France and its executive office is in Paris.

Lu Sibo became CEO's new company after the merger. Alcatel CEO Sergio Rick Rick (Serge Tchuruk) was the new executive director of the new company. The board of directors of the new company was composed of 14 members, Alcatel and Lucent each selected 6, and the remaining 2 were independent directors.

The joint statement also pointed out that the total number of employees in the two companies is 88 thousand, of which 10% will be "optimized" in the merger process, and the total number will reach 8800.

In May 2001, Al Carter's CEO Xie Rick proposed a $32 billion acquisition of Lucent technology, but at the eleventh hour of the process, Lucent technology was afraid to lose control of the company's management and control.

Finally, the two companies came together, which corresponded to the changes of the industrial environment.

The integration of telecom operators has become a trend. The demand for equipment procurement has been reduced after the merger of operators. On the other hand, Shen Zixin, the industry insider, pointed out that "the trend of network convergence has made operators increase the demand for cross domain product lines".

On the one hand, there is no need for so many suppliers. On the other hand, equipment suppliers need to be able to provide a package of services.

The industry pointed out: Al Carter has an obvious advantage in wired, especially in the broadband field, and Lucent's advantage is in the wireless field, especially in the field of CDMA.

There is also cold water: the merger of Al Carter and Lucent is an important step in the integration of the industry, but it is far from enough to revitalize the industry.

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