In a varied interview with The Record on Friday, Mike Lazaridis recounts his nearly 30-year career at Research In Motion, leading up to his departure last week (along with co-CEO Jim Balsillie) to make way for newly-installed chief Thorsten Heins. Every indication in the past couple years has been that Lazaridis was reluctant to give up control of the company that he co-founded — he basically confirms that in the piece, saying that "Stepping aside, as a founder, after 27 years, I would be lying if I said that wasn't emotional for me, and for my whole family."
Lazaridis is still involved with RIM in a somewhat nebulously-defined strategic role, and he insists that the company is headed in the right direction — he points to the fact that he just invested an additional $50 million in RIM stock as proof of that. Of Heins, he says "I absolutely know he will take this company to new heights." The company had gotten some flack for failing to look outside its own ranks for the new CEO, but Lazaridis points out that Heins is essentially an insider who came to RIM four years ago and has proven himself in that time. Of course, "proving yourself" in a failing system doesn't necessarily mean much — there's no question that the company's investors are going to be laser-focused on monitoring his performance over the next year as BlackBerry 10 launches.

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Of Heins, he says “I absolutely know he will take this company to new heights.”
Sounds to me like Heins as the same vision as Lazaridis and Balsillie, so RIM will continue falling like a stone. But I really really hope I’m wrong; I want RIM to succeed in this tough environment.
Posted on Jan 29, 2012 | 5:02 PM EST reply Recommend (4) Flag actions
Same inputs, same output. Nokia had a bigger change with WP7, because they drastically changed. If I were to bet my money RIM is going to continue in the direction they are now, and that’s the wrong one.
Posted on Jan 29, 2012 | 5:05 PM EST reply Recommend (3) Flag actions
Yeah. RIM need to have a total reboot.
I know Rubenstein said that this wasn’t his plan, but I’d love to see what he did with RIM.
Posted on Jan 29, 2012 | 5:44 PM EST reply Recommend (1) Flag actions
Need I bring up the hackneyed definition of insanity according to Einstein?
We’ve been expecting RIM’s decline from miles away, and we can see where they are heading miles down the road – let’s just say it ain’t up. I’d like to see a surprise.
Posted on Jan 29, 2012 | 5:25 PM EST reply Recommend (2) Flag actions
I’d love a surprise too! But RIM need to totally reinvent themselves.
By that I mean new branding (no more BlackBerry). completely new OS, and all-new management.
Posted on Jan 29, 2012 | 5:46 PM EST reply Recommend Flag actions
In other words, RIM know how to make a good phone, same as Nokia did before Elop came on the scene. But they’re just not exercising that.
Posted on Jan 29, 2012 | 5:47 PM EST reply Recommend Flag actions
Like that’s like getting Charles Manson to vouch for your sanity… er… awkward
Posted on Jan 29, 2012 | 5:56 PM EST reply Recommend (1) Flag actions
@ MikeL, of course you will find it ‘very hard’ you SOB!! you killed a company with your 30+ years old vision.
Posted on Jan 30, 2012 | 2:12 PM EST reply Recommend (1) Flag actions
RIM needs to advertise the fact that they are one of the few companies that produce their products in the West. Nokia did it with the N9, RIM should do it with their blackberries.
Apple / Samsung / Motorola outsource their handsets to China. RIM is one of the few that does not, USE THAT TO YOUR ADVANTAGE.
Posted on Jan 29, 2012 | 5:04 PM EST reply Recommend (3) Flag actions
And how is that an advantage?
Posted on Jan 29, 2012 | 5:06 PM EST reply Recommend (4) Flag actions
It’s worth something say it’s not made under the same labour conditions. But not enough.
Posted on Jan 29, 2012 | 5:07 PM EST reply Recommend Flag actions
Because you can say you create jobs at home instead of outsourcing them and firing people in favor of exploiting people in China.
Posted on Jan 29, 2012 | 5:09 PM EST reply Recommend Flag actions
Well the jobs never existed over here in this market. These higher level smartphones from all these manufacturers have always been an overseas thing.
Did you not read all these recent pieces of how it’s just not possible to create these products here?
Posted on Jan 29, 2012 | 5:37 PM EST reply Recommend (1) Flag actions
http://www.msnbc.msn.com/id/46091572/ns/business-us_business/t/why-apple-says-it-cant-build-iphone-us/#.TyXKm1xSR5Y
Posted on Jan 29, 2012 | 5:40 PM EST reply Recommend Flag actions
Yeah…99.995% of people don’t care.
Posted on Jan 29, 2012 | 7:11 PM EST reply Recommend (1) Flag actions
Yeah, because if these Chinese workers weren’t being ‘exploited’ at Foxconn and other companies (where they voluntarily apple, and which has a waiting list of thousands) they’d obviously be living it up on some yacht, and not starving to death in whatever shit-hole they were living in, right? Also, I’m pretty sure a company like Apple has created more jobs in the US than RIM ever has, or will ever hope to create. They’re not ‘firing’ anyone in order to ‘exploit’ Chinese workers- those jobs couldn’t exist here. It just so happens there’s some fundamental rules of global economics, and Apple (as I assume the company you’re referring to) can’t single-handed alter these realities- especially when you’re selling upwards of 37 million phones/quarter and are still supply constrained.
Posted on Jan 29, 2012 | 8:02 PM EST reply Recommend (4) Flag actions
Unfortunately, it actually might be part of the problem. I’d hate that to be true.
Posted on Jan 29, 2012 | 5:14 PM EST reply Recommend Flag actions
Nobody cares.
Posted on Jan 29, 2012 | 5:56 PM EST reply Recommend Flag actions
Where do you think RIM sources its parts from? Yes, China. USE THAT TO YOUR ADVANTAGE.
Posted on Jan 29, 2012 | 8:29 PM EST reply Recommend (1) Flag actions
Looks like I picked the wrong time to quit RIM…
Posted on Jan 29, 2012 | 5:07 PM EST reply Recommend (2) Flag actions
Hello Newt Gingrich
Posted on Jan 29, 2012 | 5:10 PM EST reply Recommend (1) Flag actions
Very hard to give up on a strategy that in the course of last 24 months put RIM from dominant market position into the single digits??

Posted on Jan 29, 2012 | 5:10 PM EST reply Recommend (6) Flag actions
I’m wondering at this point, did the Co-CEOs really believe that they were taking RIM in the right direction all this time, or were they simply justifying their role in the company despite poor performance?
Posted on Jan 29, 2012 | 5:11 PM EST reply Recommend (2) Flag actions
They know, they’re saving their credibility. How they lasted this long, and got replaced by someone similar is astonishing.
Posted on Jan 29, 2012 | 5:17 PM EST reply Recommend (4) Flag actions
I’d like to know how the meeting went down back in 2007 when the iPhone came out… or did they not hear about it until just now?
Posted on Jan 29, 2012 | 5:56 PM EST reply Recommend (1) Flag actions
Apparently, they had a meeting and concluded that the iPhone was impossible and Apple must be lying.
Posted on Jan 29, 2012 | 6:57 PM EST reply Recommend (5) Flag actions
Posted on Jan 30, 2012 | 1:34 AM EST reply Recommend (3) Flag actions
If a CEO is surrounds him/her self with yes-men rather than competent/passionate senior management, its easy to lose focus and not realize the company is going in the wrong direction.
Unfortunately for RIM, if this was the case, and the co-CEOs were surrounded by yes-men that could help guide the company, then things will get worst, as they have just appointed one of these yes-men as CEO.
Posted on Jan 29, 2012 | 7:06 PM EST reply Recommend (2) Flag actions
The greatest leaders know when to give up the reins. It’s too bad the wonder twins held on for about 4 years too long.
Posted on Jan 29, 2012 | 5:15 PM EST reply Recommend (5) Flag actions
If the worst comes to the worst Lazaridis could always sell his hair to the Donald.
Posted on Jan 29, 2012 | 5:16 PM EST reply Recommend (2) Flag actions
We talking Trump or Duck?
Posted on Jan 29, 2012 | 6:11 PM EST reply Recommend (4) Flag actions
Aren’t they one and the same?
Posted on Jan 30, 2012 | 12:54 AM EST reply Recommend (1) Flag actions
Sorry RIM. You’ve simply got no chance now with iOS, Android and possibly Windows Phone surging ahead. That’s what happens when you ignore reality.
Posted on Jan 29, 2012 | 5:18 PM EST via mobile reply Recommend (9) Flag actions
I remember when Mike Lazaridis had that All Things Digital interview a couple of years ago and it was just awful. The guy did not know what was going on. We shouldn’t be studying the downfall of RIM we should be studying how this guy managed to keep his job for so long…
Posted on Jan 29, 2012 | 5:27 PM EST reply Recommend (9) Flag actions
Mike Lazaridis calls Giving up money “really hard.”
Posted on Jan 29, 2012 | 5:57 PM EST reply Recommend (5) Flag actions
Running RIM into the ground was “very easy” though.
Posted on Jan 29, 2012 | 6:27 PM EST via mobile reply Recommend (2) Flag actions
Both very easy and “very smooth”.
Posted on Jan 30, 2012 | 3:38 PM EST reply Recommend Flag actions
Was it as hard as completely sinking a once totally dominant company that had very loyal customers?
Posted on Jan 29, 2012 | 6:56 PM EST reply Recommend (2) Flag actions
He’s definitely the tech-executive version of Storm from X-Men.
Posted on Jan 29, 2012 | 7:27 PM EST reply Recommend Flag actions
My reaction to reading this
Posted on Jan 29, 2012 | 7:50 PM EST reply Recommend (10) Flag actions
My reaction to watching that

Posted on Jan 30, 2012 | 12:57 AM EST reply Recommend Flag actions
It’s inevitable that Windows Phone will accelerate until they overtake RIM as a member of the “big three.” Heck, even Apple already considers Windows Phone a bigger threat than RIM, and that’s saying something. Android and iOS aren’t going anywhere anytime soon. They’re only going to get stronger as more people get smartphones. So it’s safe to conclude: bye-bye RIM.
Posted on Jan 29, 2012 | 8:27 PM EST reply Recommend (2) Flag actions
Funny story. A guy at my work was fired the same day and he looked EXACTLY like Lazaridis. Both had zero knowledge about technology and that gleaming white locks.
Posted on Jan 29, 2012 | 10:03 PM EST reply Recommend (2) Flag actions
All I know is RIMs CEO is not that thurston howell guy from gilligans island
Posted on Jan 29, 2012 | 10:57 PM EST reply Recommend Flag actions
*now
Posted on Jan 29, 2012 | 10:57 PM EST reply Recommend Flag actions
“You either die a hero, or you live long enough to see yourself become the villain.”
Posted on Jan 30, 2012 | 12:00 AM EST reply Recommend (2) Flag actions
RIM doesn’t stand a chance unless they literally throw Mike & Jim off company grounds.
Posted on Jan 30, 2012 | 12:02 AM EST reply Recommend (2) Flag actions
Posted on Jan 30, 2012 | 1:17 AM EST reply Recommend (3) Flag actions
this thread is hilarious.
Posted on Jan 30, 2012 | 1:22 AM EST reply Recommend Flag actions
Time will tell I guess! Hope to see a change soon! Still a BlackBerry supporter! :P
Posted on Jan 30, 2012 | 1:37 AM EST reply Recommend (1) Flag actions
That man has an impressive amount of hair. RIM may be dead, but his hair will live forever.
Posted on Jan 30, 2012 | 4:33 AM EST reply Recommend (2) Flag actions
I loved this guy on Night Court.
Posted on Jan 30, 2012 | 7:40 AM EST reply Recommend Flag actions
RIM’s Mike Lazaridis calls giving up CEO salary, benefits and low working hours ‘very hard’
-fixed that for ya
Posted on Jan 30, 2012 | 4:21 PM EST reply Recommend (1) Flag actions
Sadly, the co-CEO’s are the only two who jumped from RIM’s burning platform. Everybody else is still standing around watching the flames. The co-CEO-exit should have immediately been followed by the announcement of a new strategy. All I am hearing is more of the same. Here is a dose of reality for Thorsten Heins:
Blackberry 10 or another Playbook is NOT going to save RIM.
They need to come up with a new angle and do something that will actually generate demand and they need to play to whatever strengths they have left (like their relationships with corporate IT).
Posted on Jan 30, 2012 | 4:38 PM EST reply Recommend (1) Flag actions
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