Magazine article Management Today

Decisions: Dr Michael Lynch - Autonomy - Founder and CEO of the Award-Winning Software Company

Magazine article Management Today

Decisions: Dr Michael Lynch - Autonomy - Founder and CEO of the Award-Winning Software Company

Article excerpt

MY BEST .. One of my best decisions was hiring our CFO, Sushovan Hussain. He is completely on top of the numbers but also understands the business in great detail. Without someone like that it would be very difficult to grow the business.

We had been at the same school but went our separate ways - he'd gone off around the world in the oil industry. But when he came back, we got in touch. The main things are his enthusiasm and energy. I'm a great believer that if you've got those two to start with, you're a long way there.

Another good decision was getting the timing right on acquiring our main competitor, Verity, in 2005. When Autonomy was founded, Verity owned the space, but our technology was better. Over time, Autonomy was taking market share and eventually surpassed Verity in software licence sales. We had to pick the right time to do that deal: not so late that Verity was too damaged, but not so soon that we'd be paying for a depreciating asset. I think we got that timing right. MY WORST ...

Let me take you back to 2001 when Yahoo! …

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