Lot of haters here. The truth is, Sycamore did what was long overdue. The reason our stock continuously fell, year after year, for the seven years leading to the firesale of the company was simple:
-Poor leadership, which lead to...
-Bad vision, which continued to allow...
-Poor sales results for NAD which was continuously excused away by NR, RS, and SG as rounding errors and other b---s---...
-Which lead to the stock price plummeting.
-You know the rest...
Sycamore came in and did everything our past leaders couldn't stomach...
-broke down business unit silos to get everyone working in the same direction,
-got rid of rusty relationship builders (many of whom are sour about life on this board, and should have seen this coming) who COULD NOT muster the will to challenge their customers enough to grow business.
-Sacked leaders who played favorites instead of focusing on results
-leaving a good amount of challenger type salespeople (although there are still too many relationship builders) who are willing to get out there, keep an open mind, hustle, and focus on customer experience and profit like we always should have.
Shame on RS, NR, and SG for letting what was a dominant player full of lively salespeople, get rusty and complacent. Adapt or die. True as it ever was.