The following video excerpt was taken from an interview with Steve Swad, CEO of Rosetta Stone (NYSE:RST), in which he talks about his business philosophy, and how it is driving success both for language learners and for the company itself. In this segment, he discusses the philosophy for building a successful management team.
Matt Argersinger: Well, Steve Swad, thank you very much for joining us, David Gardner and me from The Motley Fool. You are the CEO of Rosetta Stone, and I guess I'll start with this. In its relatively short life as a public company, it seems like Rosetta Stone's had a lot of changes in the management team. Is there anything we, investors, should know about you and your team?
Steve Swad: No, I guess the way I think of the management team is let's build a group of people that complement each other and that can create value for shareholders, and run a company over the long term. And so we're trying to put a combination of technical expertise with some marketing savvy and some good, just basic management of financial discipline and take that team and run it hard for a long time.
Fool contributor Matthew Argersinger has no position in any stocks mentioned. The Motley Fool recommends Rosetta Stone. The Motley Fool owns shares of Rosetta Stone. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.