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Is Microsoft ready for a makeover?

Microsoft's stock price hasn't moved much since 2002 and Bill Gates signaled he's ready for a leadership makeover. The winner for that challenge is Ray Ozzie, who joined Microsoft just a year ago after his company, Groove Networks, was bought by Microsoft.  In just one year's time he's proved his value to Microsoft and is slated to lead Microsoft's strategic thinking efforts for new software development.

Ozzie will webify everything -- finding ways to weave Microsoft's entire product line into the power of the Internet.  "Everything we do should have a presence on the Web," Ozzie told Fortune magazine.

Microsoft started its march to the Web last November when it launched Windows Live, which includes a search service, news and e-mail to compete directly with Google and Yahoo.

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Last updated: February 12, 2012: 01:34 AM

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