I don't get it....
According to Mike 1/Mike 2 DXC always seems to be on the cusp of a huge growth opportunity and forever making substantial progress with its internal transformation every quarter but never actually delivering on the promise.
Is it really all the fault of the pesky headwinds that blow the organisation of course?
How much longer will the Board and Investors patience last?
You are a mo--n.
Thriving in a Multigenerational Workforce, what a waste of time and money!
so if FY24 is when the magic happens (according to earlier post) then the departure time will be when it becomes clear that the cunning 5 year plan of doing the exact opposite to the rest of the industry ie. shrink-shrink-more shrink-miracle happens- big growth is not running smoothly and that will be the announcement of the Q1 FY24 results in about Aug 2023, meaning Mikey 2 will leave around the 4 anniversary of when Mikey 1 left so Sep 2023
Mikey no 2 can just blag blag - with no real change and growth occurring with this company and simple walk away with his fortune in a few years without a care in the world.
It's what you call selling a good story, a 5 year plan, by the time 5 years comes you say things have changed and we need to review again. Strange how other companies are making big money in the digital world as it booms but we can't.
If you can swing it out long enough you've made a couple of hundred million in the process, and also same for your friends from ex Accenture.
In the meantime the employees and shareholders can get screwed over.
It's a fairly basic rinsed repeat plan, people awesome gullible.
FY23 (ie beginning April 2022) is the last year of not-growth according to M2.
FY24 is where the magic happens.
He's stated this many, many times to both investors and staff.
Investors are happy if he says he has a cunning plan, with dates.
They will of course not be happy when/if that doesn't happen.
But we are a little way off that point yet.
To be fair, something this big isn't fixed over night and M1 left the place in a total mess.
Personally, I've seen a lot of positive change - which is quite different to M1's reign of tyranny where everything just got worse.
Is DXC changed enough though? Well, I guess we will see in FY24...
see the discussion on the previous topic before this one (Leave! topic)
Those Investors/Board may not be the sharpest knives in the drawer ... so probably a few more years and numerous more missed opportunities yet ...