Microsoft CEO Satya Nadella said market capitalization is not a 'meaningful' benchmark and celebrating it would mark 'the beginning of the end,' in a new interview.
But CEO Satya Nadella doesn't view these highlights as achievements worth celebrating, he said in a recent interview with."I would be disgusted if somebody ever celebrated our market cap," Nadella told the publication, adding that valuation is not a"meaningful" benchmark. He continued to say that celebrating such a milestone would mark"the beginning of the end."
Nadella's view says a lot about the culture and values he's instilled at Microsoft during his tenure at the helm. For Nadella, success is about looking to the future rather than focusing on past achievements."At Microsoft we have this very bad habit of not being able to push ourselves because we just feel very self-satisfied with the success we've had," he says."We're learning how not to look at the past.
It's not the first time the Microsoft CEO has made such comments. When speaking with journalists at an event in January, :"I'm not one of those guys who says, 'let's celebrate some market cap measure.' That's just not stable." To Nadella's point, Microsoft held the position of world's most valuable company from November 2018 until JanuaryNadella's comments reflect the"growth mindset" he's instilled in Microsoft, a notion that involves not taking success for granted and taking action to overcome constraints rather than complaining about them.about how he once became"irritated" when an employee asked him why a certain app wasn't compatible with a printer.
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