Gain Immediate access to our Essays
FREE access exchanged for your work, or pay £4.99
Words: | Submitted: Fri Mar 31 2006
... remain.1 In its relatively brief history, Oracle has captured a robust worldwide presence. With offices in more than 60 countries and 52% of its sales coming from outside the United States, Oracle is truly a global organization.2 However, as many other multinationals have learned recently, a strong global presence provides no guarantee of success. While Oracle's annual revenue rose 7.2% from fiscal year 2000 to 2001, fiscal year 2002's revenue decreased somewhat dramatically by 10.9%. Though the weakened U.S. economy and uncertainty throughout the world had much to do with the drop, other factors have played important roles.3 Oracle Successes It would be remiss to begin any Oracle success story without first paying homage to Ellison. A thirty-one year old Harvard MBA when he helped to create Oracle, Ellison remains today the dynamic visionary leader of the organization. Viewed as ultra-competitive and known to not shy away from risk, Ellison devotes much ...
FREE access exchanged for your work, or pay £4.99