Taking care of business + MORE Sep 21st

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Taking care of business

– macleans.ca

Taking care of business(The Windsor Star)
The economy has changed dramatically in the 30 years since Doug Bergeron first entered the work force and, of course, Bergeron, 53, has changed with it. Best known for leading the group that purchased the credit- and debit-card terminal maker VeriFone from Hewlett-Packard for $50 million in 2001, as CEO, he transformed it into a multinational, multi-billion-dollar company. But Bergeron, an entrepreneur and a philanthropist, started out with an arts degree with special honours in computer science from York University.
“It used to be that you got a fundamental engineering or computer science education, and you graduated and you got a job with a big company; you’d sit in a cubicle and work on some narrow part of a project and, if you did a good job [and] put your hand up, maybe you get promoted some day,” said Bergeron from his office in Palo Alto, Calif.
That world no longer exists, especially in Canada: Nortel, where Bergeron began his career, went bankrupt, and RIM (now BlackBerry) is a shadow of its former self; companies are being forced to become smaller and nimbler, meaning their employees have to be more agile in their skill sets; and venture capital is harder and harder to come by, making the competition all the more intense to turn good ideas into a reality…

Continue Reading On macleans.ca »

Taking care of business

– macleans.ca

Taking care of business(The Windsor Star)
The economy has changed dramatically in the 30 years since Doug Bergeron first entered the work force and, of course, Bergeron, 53, has changed with it. Best known for leading the group that purchased the credit- and debit-card terminal maker VeriFone from Hewlett-Packard for $50 million in 2001, as CEO, he transformed it into a multinational, multi-billion-dollar company. But Bergeron, an entrepreneur and a philanthropist, started out with an arts degree with special honours in computer science from York University.
“It used to be that you got a fundamental engineering or computer science education, and you graduated and you got a job with a big company; you’d sit in a cubicle and work on some narrow part of a project and, if you did a good job [and] put your hand up, maybe you get promoted some day,” said Bergeron from his office in Palo Alto, Calif.
That world no longer exists, especially in Canada: Nortel, where Bergeron began his career, went bankrupt, and RIM (now BlackBerry) is a shadow of its former self; companies are being forced to become smaller and nimbler, meaning their employees have to be more agile in their skill sets; and venture capital is harder and harder to come by, making the competition all the more intense to turn good ideas into a reality…

Continue Reading On macleans.ca »

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