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Bloomberg Talks Dan Interview Total Embarrassment

Listen to the Bloomberg Talks interview with Dan. They literally ask him what changes will average customer see that will make an impact and Dan literally couldn’t answer. Totally embarrassing- it’s so CLEAR he has NO PLAN for any real changes. Just AI, AI, AI. Literally no plan at all!!!


heading down a familiar path

I genuinely want to understand what's going on with CDO. She regularly brings sales people to speak at her town halls, the CEO directs AI roadmap questions to her instead of the product engineering leader, and right before the new CEO takes over she picks up yet another business unit. She came in as a operations leader, but now it feels like every strategically important BU reports into her.
At what point do we stop viewing this as a series of unrelated decisions and start seeing it as a deliberate concentration of leadership? Is the company effectively positioning her as the executive responsible for product, strategy, operations, and business execution all at once?
It's starting to look less like a traditional functional leader and more like someone accumulating power across the company, leading to a centralized executive structure similar to what existed under Mark's leadership, where significant influence and decision-making authority was concentrated under a single leader.
Time will tell whether this is the right approach. But given the company's experience with one man leadership, it's fair to question whether we're heading down a familiar path.


Crystal Ball Thread

Make your predictions for the rest of 2026 and early 2027 in this thread. My prediction is that we are done with large cuts, stock is up additional 50% by this time next year. The exec management continues to be as evil and detached as they've always been. Geopolitics continue to be messy.


Termed after 3.5 years

Got termed despite 3+ years of good performance, two promotions over the years.  In an effort to "be transparent" I openly shared my concerns with the strategic direction of the company and decision making by senior leadership.  Yes I also shared that i was looking for new employment as many of you are I am sure with Blackbaud's tanking stock price. My termination was how they responded.

If any lesson is learned from this it's "DON'T be transparent" because this is where it gets you. And also, BB has eyes and are actively searching for people expressing any sort of dissatisfaction with Blackbaud. I will hopefully have a new job lined up soon but wanted to share this information as they offered a pitiful "two weeks" severance in lieu of my silence.  
But don't worry AI will fix everything. Company is a sinking ship and would advise folks to get out while they can.


Sick

For whatever reason, they tried to sneak me into COBRA after my layoff. If I hadn't called to fight it I'd have had to may 800 something dollars. But for some messed up reason, they want to still make sure I pay something so I have a 300 something dollar bill (thank you useless offshore rep) that I have to once again fight.

Oh and the reps were all offshored. Man fu-k this place and its current leaders to he-l.


USA Stock Market Growth /Quality

The Stock Market exploding. high quality/Growth/ visionary CEOs driving success.

Verizon BOD hires more Europeans to run a USA centric business. At some point failed leadership, expense reduction strategies will require change.

One thing for certain... current Vz Executives all waiting to get a buyout offer under guise of " seeking new opportunities " mantra.


Sr Director Openly Vying for SVP Job

Finance SD is openly vying for a SVP job two levels above his. he frequently mentions it in team meetings and its all over LinkedIn. he uses my annual performance meetings to talk about his desire for a promotion. SVP and AVP show favoritism to him. he acts inappropriately around employees and encourages us all to slack off. he constantly pressures people with opposing opinions in an abusive way and lies to protect himself. toxicity at its finest.


More coming…

More rounds of RIFs are coming at FIS, because that’s leadership’s answer to everything. Don’t fix anything at the top, just keep eliminating positions while our stock tanks and employees live in constant fear of losing their jobs. When are the CEO, CFO and other senior leaders going to be held accountable for the absolutely abysmal state of the business?


Most women let go from the group

I hate making this a gender thing - but this feels discriminatory.

I joined Factset in 2022 and witnessed 2 rounds of layoffs. Originally my team had a total of 13 people originally (7 women and 6 men. There were more women in the original team because the team moved from one organization to another organization under the current leader) and now it has come down to 5 people in 2026.

I was impacted this cycle. One interesting thing I observed is that the leader of my group truly hates women. He let go of a total of 6 women and 2 men. At this point the team has 1 woman who is not US based which makes her safe. I don’t know if he’s being discriminatory but I was in really good performance standing due for a promotion for a long time. My manager pushed for it but her manager was not ready to approve. He also let go off my manager who was in really good standing. So I’m very confused… is this discrimination?


Morale is awful

I work in the quad, and it seems like everyone is extremely unhappy. Empty eyes as people walk through the skyways. Blank expressions as we struggle to keep our heads above water while doing "more with less."

Everyone is overworked, underappreciated, frustrated to be sitting in a cubicle on Teams meetings because we've offshored so much of our workforce, bitter that raises and promotions are a thing of the past, stressed out because our leaders change direction every few months and want everything immediately but don't give us the time, tools, or people to do it correctly.

I've had friends get laid off who then tell me they're just glad it's finally over, like ripping off a band-aid (or its inferior counterpart, the Nexcare brand adhesive bandage strip).

How long until Bill succeeds in running this place into the ground?


Scott Pelley Out !!

Bilton&Weiss have just sealed their fate ! They have indeed dismantled an American Insitution. Ratings will drop further. Ad dollars even more. Look what happened when clowns like these came in over the past few years at NBC, CNN, and ABC. Their take a bat to the system failed and now CBS is under the same repeat errors. Good riddence to Weiss&Bilton.

Signed,

Good Night & Good Luck.
The Ghost of ERM.


ExxonMobil Is Rewiring Its Enterprise For The Energy Future

ByJudith Magyar,Brand Contributor.

“Digital transformation often gets mistaken for an IT upgrade,” said Kurt Aerts, business venture executive at ExxonMobil. He was speaking at the ASUG Best Practices event for Oil, Gas and Energy in Houston, Texas. “Our ongoing transformation is a powerful reminder that true change means transforming the business at scale. It’s not about implementing new systems — it’s about fundamentally changing how an enterprise operates and creates value.”

Not just another systems project
This philosophy underpins the company’s multi-year transformation that integrates people, processes, systems, and data across an organization with $350 billion in annual revenue, about 60,000 employees, and operations spanning upstream, chemicals, fuels, lubricants, and low-carbon solutions.

One of the key steps in ExxonMobil’s journey, which began in 2017, was to reframe the mindset. “We don’t want to optimize, we want to transform,” said Aerts.

Process transformation requires challenging deeply ingrained ways of working and prioritizing adoption of industry standards for each process area and service offering such as Record-to-Report, Source-to-Pay or Order-to-Cash, to drive globally consistent execution. This takes a governance model designed for clarity and speed of decision making — two prerequisites for meaningful transformation and to prevent the common trap of consensus-driven optimization.

Transforming the core
Aerts went on to describe ExxonMobil’s three core pillars of transformation:

Processes are now harmonized to industry standards enterprise-wide versus being executed differently by business or geography.

Systems are modernized from 12 heavily customized ERPs to a unified, cloud-based platform on SAP S/4HANA.

Data is being turned from fragmented, trapped information into harmonized consistently defined enterprise assets.

In the past, answering a simple question such as ‘how much do we sell to Walmart’ required hours of aggregating and reconciling across 12 ERPs. Real-time, enterprise-wide visibility will speed up the process considerably. “Harmonized data is becoming ExxonMobil’s new gold standard — the foundation for predictive analytics, AI, and faster decision-making,” Aerts explained.

Managing scale and risk
Large-scale transformation requires effective risk management. ExxonMobil’s approach balances value capture and risk mitigation.

Deployments are phased by the existing ERP ecosystem, not geography or function, to manage complexity and provide business continuity. A layered governance structure — from a sponsor committee of senior executives to operational design boards — supports accountability, transparency, and alignment at every level.

Aerts shared some lessons from the frontline, stressing the importance of foundational principles. When challenges arise, these principles help keep decisions aligned with strategic intent. Next, he reiterated that data matters most, because clean, consistent data is the real enabler of transformation. And finally, the team learned early on that an out-of-the-box approach really works. Industry-standard configurations deliver agility and prevent the drift toward customization that burdens future upgrades.

“We were able to achieve significant simplification,” he said. “For instance, we reduced about 1,400 company codes to under 1,000, and profit centers from more than 15,000 to fewer than 500. This has eliminated significant complexity while increasing transparency across financial reporting.”

ExxonMobil’s key metrics reflect the disciplined execution of the transformation, and is exceeding its targets on its two principal objectives:

80% target on Fit to Standard: a testament to the commitment to adopt industry standard processes.

90% target on Clean Core: enabling instant upgradeability and system resilience.

Ultimately, ExxonMobil’s enterprise transformation is about creating competitive advantage. By harmonizing data, simplifying systems, and standardizing processes across business lines and geographies, the company is positioning itself for faster innovation and improved experiences for employees, suppliers and customers.

Shaping the future
Transformation is also about visionary leadership in an industry that is adapting to societal needs on how energy is produced, distributed, and consumed. ExxonMobil has a long history of collaboration with SAP to address functionality gaps and ensure the solution is optimized for the oil and gas industry. In essence, ExxonMobil’s journey offers a blueprint for global organizations facing the same challenges, especially lack of agility caused by legacy systems, fragmented data, and decentralized processes.

Aerts concluded: “A successful transformation isn’t about replacing tools; it’s about redesigning processes, data and systems to deliver industry leading performance in efficiency, effectiveness and the experience of our employees and customers, while ensuring agility for adjustments required due to changes in the market.”

https://www.forbes.com/sites/sap/2025/11/04/exxonmobil-is-rewiring-its-enterprise-for-the-energy-future/


WOW..

APA needs fresh leadership and outside talent. Too many long-tenured life-long apaches filling the manager positions in critical business units, weak morale, and missed potential despite good people. Lot of talent from supporting fucntions, supply chain, accounting, IT etc. let go. Super talented Permain and Egypt employees quit or laid-off. RC manager in egypt finally let go. Good riddance- absolute dead weight. JC, MM etc have nothing to be proud of.


What is happening?

After the recent Fidelity layoffs, leadership mentioned moving toward larger consolidated teams starting in June. I haven’t seen any changes in my business yet.

Are others seeing team merges already?
Is this just taking longer than expected, or are additional organizational changes still being planned for lower level grades ?


I've Never Considered Myself Naive, But...

The executives at this company are almost cartoonishly evil. I've never seen more people who are deluded into believing they are kind. Yes, I know and I've heard that leadership everywhere are snakes (that's how they end up where they are), but to see it up close is hard to digest.


As we move into survey season, remember only 73% of the employees responded . . .

Stank tried to spin the metric that 79% of the employees that did respond felt committed and engaged and used that number as support for his policies. He did not share the next metric that if only 79% of those who responded felt engaged/committed, then it is a easy assumption to make that really only about 60% of the total work force felt committed and engaged.
Remember, the C-Suite will ignore the responses that do not support their ideology and strategy, and outright lie about what the employees really feel is important.
499/600 and 875/900 are the real survey numbers.


IBM CEO commits to reaching Quantum computing milestone by 2029

Link --> https://www.msn.com/en-us/money/companies/ibm-ceo-commits-to-reaching-quantum-computing-milestone-by-2029/ar-AA24GHxd?ocid=msedgntp&pc=W099&cvid=6a2049f56af74598af51294d8ec381d8&ei=9

If you believe this stuff will be available in 2029, then you'll believe anything and... I have bridge to sell you in London. No mention of Arvind's golden boy, Dario in this article.
BUT...
What happens if the fabled quantum computers fail to materialize in 2029 ? Where will Arvind and Dario be ? Basking in the sun somewhere in the Caribbean or hiding from the Italian Mafia underground ? After all, a billion dollars is a lot of $$$. ($10 billion is even more). LOL.


We would have benefited from staying in our lane

T is like an enormous dinosaur lumbering through the telecom space. Had we cared for the aging dinosaur by making sure our fiber footprint and customer service were robust, we could have survived the times we are in now.

Instead we tried to weave ourselves into sectors we had no business in and come up with gimmicky BS to seem cutting edge.

Putting funding and focus into those pursuits made us quietly fall behind. Now we’re like a cringey guy in the throes of a midlife crisis trying to date 20 year olds and who have zero interest while neglecting his family that is rapidly falling apart.

Nothing is working and the company looks stupid as he-l flopping around trying to ensure everyone that things are going great and AT&T is cool.


VSP Fallout

Are all areas facing issues with complete chaos in their depts because they lost the good leadership (and valuable associates) they had with VSP? My area is crumbling and the management we have been left with is relatively new with not enough knowledge to properly manage. I’m not sure her skillset has even included managing people before. It’s become a free-for-all with some associates logging on barely 4 hours a day doing pretty much nothing. We were swept under a new director who also had no experience with our departments responsibilities so he exists but has been 100% absent. We were already understaffed before VSP but the past 6 months we are sinking fast. Is this just my area’s reality or is this being felt across the company ?