This anon @11ju8sLH-1jkg knows what is up. Many management tricks and agile fads have been squeezed out.
Lawrie has left Sal a wreckage of an inheritance, yet Lawrie had the balls to say that they were discussing a successor for a year. A year ago, the share value was more than double than what it is now. It is only because of last August that the share value tanked to the point that Lawrie was (obviously) forced to design. This coincidentally happened two weeks later.
I don't understand if the succession planning has been in process for a year, why isn't the new plan published yet? The are three ways this makes sense. The first is that the original person that they asked to be CEO refused, and they had to punt and ask Sal. This would align with the scramble. Or Sal is concerned that Mike V1 will trash the new plan. And this would show to the world that everything is not unicorns and rainbows. The third option - there is no plan, well that is just catastrophic.
Putting all expectations on a "Plan" sounded good but really puts everything on a single inflection point. Sal would have been smarter to have a framework of smaller plans, delegate to departments, make them fail fast or succeed faster. Re-plan, restaff, retask and try again. Kinda like how Spacex has been successful by trying and failing but recovering quickly.
There is a window left open for incredible success, but its rapidly closing.
Umm yea, what do I know, I'm not that smart. I'm still working here.
The cupboard is bare. The staff are demoralised and abused, but in truth they are the only thing that can turn the company around. If Sal doesn't act on that fact soon, the markets will decide instead.