Entwicklung:
Flat Leadership & Structure - but near 50% of employees in research and development.
Excellent Flat Leadership & Structure
Fred Thiel
Chairman & CEO
Ken Cragun
Chief Financial Officer
Scott Reinke
Chief Legal Officer
and additional a matrix-organisation, which is optimal for Local Corp.
The vertical part of this matrix-organisation are four divisions:
Owned & Operated (Chief = Carlos Caponera Sr. VP O&O)
Network (Chief = Eric Orrantia VP Network)
Krillion (Chief = Eileen Kim VP Krillion)
Innovation (Chief = Brian Singleton VP Innovation)
Additional in the horizontal matrix-conception
Rob Luskey
VP Business Development
Joe Lindsay
VP Technology
Lori Chavez
VP Marketing Less
High Investments in Growth - Innovation as a primary vehicle for growth of Local Corp
- 48% of employees of Local Corp will work in research and development by 2014
- Local Labs serves as a digital technology lab and start-up incubator focused on innovating the digital ecosystem that converges around the digital shopper’s path from discovery to decision.
- 2014 Estimated Revenue: 15% of the projected revenue generated from new initiatives. That are by 107 million revenues of the last guidance about 16 million reveneues from new iniatives.
- 2013: 26 Research & development employees = 27% of workforce - 2014 (estimate): 47 Research & development employees = 48% of workface
Source: Last Corperate Overview Q2/2014 (filed as 8-K to the SEC)
High Investments in Growth - Innovation as a primary vehicle for growth of Local Corp
- 48% of employees of Local Corp will work in research and development by 2014
- Local Labs serves as a digital technology lab and start-up incubator focused on innovating the digital ecosystem that converges around the digital shopper’s path from discovery to decision.
- 2014 Estimated Revenue: 15% of the projected revenue generated from new initiatives. That are by 107 million revenues of the last guidance about 16 million reveneues from new iniatives.
- 2013: 26 Research & development employees = 27% of workforce - 2014 (estimate): 47 Research & development employees = 48% of workface
Source: Last Corperate Overview Q2/2014 (filed as 8-K to the SEC)