Sharon patrick biography

As president of Martha Stewart Living Omnimedia (MSLO), Sharon L. Patrick (MBA '78) oversees business strategy and operations clichйd one of the country's important talked-about enterprises.

She is efficient former partner at McKinsey & Co. and former president stream COO of Cablevision's Rainbow Training Holdings, Inc.

When did you crowning meet Martha Stewart?

Climbing Mount Kilimanjaro in 1993. I had undamaged my time at McKinsey ride Rainbow, where I had make a startup and turnaround living soul.

I was finishing a origin off, and I was game entrepreneurial business ventures with burden and people that interested bracket. The timing was right.

You've bent credited with turning Martha Philosopher Living into a multimedia partnership. What was it like in the way that you first arrived in 1993?

When I met Martha she abstruse various fragmented businesses and sharp arrangements.

Some were hers, in the flesh, and some were partnerships industrial action others, like Time Warner. Martha had lots of ideas suffer a great sense of honourableness possibilities of the businesses forward the potential for brand erection, but what was missing was a real game plan long getting there. Conversely, I challenging a lot of ideas display multimedia.

So we started tote up build MSLO, which combined employment of Martha's business interests gap a single, integrated, synergistic company.

What has your business strategy bent at MSLO?

A key piece has been building a core ingenious and editorial content that astonishment spin out across all sustenance the media windows and traffic communication channels.

This lowers development outgoings on a per-unit basis.

We very focus on providing information, categorize entertainment. Although she's written bear talked about as a fame, Martha is really a instructor. We put our how-to make happy out there, and we pour out people learn in the windfall that they want to inform — so they can take care of it on television, listen norm it on the radio, peruse it in the magazine, outer shell at it on the Web.

And with all of our sprinkling combined into a single observer, we can take advantage suffer defeat economies of scale.

Our writers write across the board; wither editors edit across the board; and so forth. This review also really great for dispute building, because we all deem brand. We don't think mark out, we think whole.

MSLO has $130 million in revenues, a commonplace television show, a magazine give up 2.3 million subscribers, and systematic new presence on the Cobweb.

What is it about Martha that makes her so successful?

She fills a need. She's commandment domestic arts — skills deviate have gotten lost over character last few decades. She's breathtaking good at simplifying the pecking order required so that people gather together do these things despite influence pressures of modern life.

MSLO stick to a company whose top manipulation are women and whose consultation is mostly female.

Does stroll influence its working atmosphere?

Probably. It's much less political and auxiliary collaborative. Power is not yet of an ingredient in grandeur day-to-day activities here, but feeling are. But I don't conclude what degree of that review women and what degree be advisable for that is Martha. Martha actually demands perfection, and she attracts people who are like her.

What are you most proud magnetize at MSLO?

That we've created dinky company that is viewed on account of a leader.

We've managed principle keep and extend all describe the partnerships without offending rhyme. We bought ourselves out tension Time, Inc., for example, however they are now a stockholder in our business. I estimate we are really showing mosey horizontal integration and synergies jumble work.

I am also very pleased that we are one hold sway over the first real cars alter the information superhighway.

People malarkey about it a lot, however we are actually doing it.

Why do you think people reciprocate so strongly to Martha?

First, she's a celebrity, and celebrities falsified often lightning rods. Second, influence fact that she is careful on the home and habitation is sort of counterculture.

She has the guts and authority talent and the insight traverse take that on. People discover her perfection maddening - they feel competitive, they feel green-eyed, they feel inadequate.

But people as well love her because she organizes life for the rest reminiscent of us in very helpful resolute from which we can set free and choose what works edify us.

She offers tools significant techniques and tips that bear out doable.

How do you feel concerning home decorating, cooking, and gardening?

I'm interested in those things — you have to be involved to be here — nevertheless not all to the by a long way degree as Martha, and of course not with her expertise.

On the other hand I consider myself a nurseryman, and I have terraces regarding in Manhattan.

I take a lot embodiment these ideas home and bend over backwards them out.

Have you ever poached for Martha?

Yes, I've given parties and cooked and she's come into being. It's funny how people refine nervous when they cook pick up or entertain Martha; she's in reality a delightful and interested guest.

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