RIM struggles: to change management team?

Following pre-Christmas rumours around potential buyers for struggling RIM, this week there are rumours circulating that RIM’s board of leadership is being looked into.

The Board is on the verge, it is said, of kicking co-CEOs Mike Lazaridis and Jim Balsillie out of their jobs.

While research firm, Ovum, does not speculate on rumours, Nick Dillon, analyst at Ovum has the following comment in regards to RIM’s future: “Whether RIM decides to change its management team or not, what is clear is that the company needs to accelerate its pace of change, both in bringing its new BlackBerry 10 platform to market, but also in increasing the attractiveness of its offering through new services such as BBM Music.

“If the company is unable to speed up its technology and product development it risks being left further behind by its rivals,” concluded Dillon.

Simultaneously, the company has cut the price of its PlayBook tablet in the US. It is now selling all three versions of the product (16GB, 32GB, 64GB) for just $299 until the end of February, which marks the end of its current financial quarter and a maximum discount of $400 to shoppers.