Facilitator:
Esther Dyson
Host:
Tim Smart – President, BT Global Services, UK
Panellist:
Eric Schmidt – CEO, Google
Fellow participants:
David Burden – CIO Royal Mail;
Dean James – COO, Dept of Work & Pensions;
Andrew Vorster – CIO, Visa EMEA
Event:
Live broadcast from Palo Alto, CA. Online participation across global virtual panel
Date:
Monday, 25th September, 2006
Duration:
1 hour
Overview
Google intrigues everyone – users, advertisers, investors, competitors, watchdog groups and government alike. With seemingly
little effort, this modern-day miracle has grown from two guys in a dorm room into a business behemoth.
Google faces many challenges, from the groups it intrigues: Consumers love its search service, but they are not quick to use its other
offerings, e.g. Froogle. Advertisers, particularly advertising agencies mistrust its power and fear the transparency it fosters.
Competitors lose not just business but also employees to its growing mass. Governments want to control it. And investors wonder
just how long its success can last.
Eric Schmidt, CEO of Google, is carefully managing his business through these shoals. How can industry leaders take what he's learned
and apply it to their own companies? And in what way will his business affect theirs? Eric Schmidt will explain his strategy and tactics
to a private panel discussion, engaging the other panellists in a broad discussion of survival and prosperity in the digital networked
economy.
After you have watched this edition of BT's Big Thinkers join the discussion online.
[Click here]

Esther Dyson
Esther Dyson (born in Zurich, Switzerland) is a noted expert and philosopher
in the field of emerging digital technology. Esther specialises in analysing
the impact of emerging technologies and markets on the economy and society.
Esther brings
a unique set of talents and
experiences to her role as moderator
of this series. With a BA in
economics at Harvard and five
years’ experience on Wall
Street, she is trained to recognize
the power and the flaws in any
business model.
With 23 years
of experience writing the high-tech
newsletter Release 1.0 and two
years as chairman of ICANN,
the agency that sets policy
for the Internet’s domain
name system, she is completely
at home with the new economy
(and has investments in many
start-ups including Google to
prove it).
Finally, as moderator
of the PC Forum conference for
23 years, she is comfortable
engaging titans of industry
with thought-provoking questions
that generate new insights both
for the audience and for the
titans themselves.
Tim Smart, President, BT Global Services, UK
Tim Smart is President of BT Global Services UK, and
is accountable for all services
provided by BT to Government and
large business in the UK. His
particular focus is on the flawless
execution of large contracts,
and he is most proud of the part
that BT is playing in Connecting
for Health, the World's largest
civilian IT project. Having been
instrumental in winning that business
for BT, Tim is accountable to
the BT Board and to the NHS for
BT's performance.
Prior to this role,
Tim has most recently been accountable
for defining the Group’s
networked IT Services Strategy,
and for rebuilding BT’s
global product and sales capability
after the closure of Concert,
the joint venture with AT&T,
which Tim led at the invitation
of the BT Board. In 1999, Tim
was the interim CEO at Telfort,
BT’s fixed and mobile company
in Holland. Since joining BT in
1989, he has been in leadership
positions in a number of major
change programmes, including Per
Second Pricing and the London
Code Change in 1990.
Prior to joining BT, Tim spent
10 years with Shell post graduation
in Economics in a variety of roles
both in the UK and overseas.
Eric Schmidt, CEO, Google
Eric Schmidt was a member of the research staff at the Computer Science
Lab at Xerox Palo Alto Research Center (PARC) and held positions
at Bell Laboratories and Zilog. In 1983 Eric joined Sun Microsystems
as software manager. At Sun he led the development of Java, Sun's
platform-independent programming technology, and defined Sun's
Internet software strategy. He later became chief technology
officer and corporate executive officer.
From 1997 to 2001,
Eric was CEO of Novell. He
left Novell after the acquisition
of Cambridge Technology Partners.
Google founders Larry Page and
Sergey Brin recruited Eric
to run their company in 2001 under
pressure from venture capitalists
John Doerr and Michael Moritz.
Eric joined Google's board
of directors as chairman in March
2001 and became the company's
CEO in August 2001. At Google
Eric shares responsibility
for Google's daily operations
with founders Page and Brin. As
indicated by page 29 of Google's
S-1 Filing, Eric, Page, and
Brin run Google as a triumvirate.
Eric does possess the legal
responsibilities typically assigned
to the CEO of a public company
and focuses on management of the
vice presidents and the sales
organisation.
Eric also focuses on 'building
the corporate infrastructure needed
to maintain Google's rapid growth
as a company and on ensuring that
quality remains high while product
development cycle times are kept
to a minimum'.
Eric is one of the first people
ever to become a US$ billionaire
based on stock options received
as an employee in a corporation
of which neither he nor a relative
was the founder (Microsoft CEO
Steven Ballmer is the first to
accomplish this). In its 2006
'World's Richest People' ranking
Forbes ranked Eric as the 129th
richest person (ranking shared
with three other people) in the
world with an estimated wealth
of $4.8 billion.
Eric was elected to Apple
Computer's board of directors
on 28 August 2006.