When is NC getting his golden parachute? He’s only cost the company millions of $$$ and hasnt done a worthwhile thing with strategy. His time has come to say bye bye bye.
8 replies (most recent on top)
NC the Anna Delvey of the business world. Spend tens of millions on his former employer, MK, with nothing to show. Except for consultants' buzzword lexicon, complex PowerPoint slides, and bizarrely telling each other change stories.
It gets worse. NC then recruits former MK people to do his job. He got fired from his last job, and who knows how he got this job. However, SM track record in recruiting people is not good. He will not get fired as a diversity hire and will continue to pontificate, condescend, and virtue signal at every opportunity. Everything but deliver a strategy that works. Everyone he interacts with mocks him. Sad but true.
I will be leaving soon, so I won't have to deal with this nonsense or the 30 plus work streams and dozens of worthless meetings anymore. As Anna Delvey says “I don't have time for this. I don't have time for you!".
Who dat ?
What do you all think of NC's Chief Transformation Officer D? He seemed worthless to me.
Tangible benefit = a very large reduction in force.
MBO for 2020, 2021 and 2022 solved
Can anyone articulate one tangible business benefit we have derived from the 30+ strategic work streams and millions paid to NC and McKinsey? Wasted time in literally hundreds of meetings, wasted money, alarming conflicts of interest, and condescending attitudes from people who don't know our business are all I can see. So glad we have a Chief Strategy Officer to lead us out of the ditch!!!
NC doesn’t work for TD, in his own words “he” works for SM. Therein lies the problem because all these nonsense special projects and initiatives under the guise of transformation are useless, wasteful operational problems that can be solved with relative ease. There is another agenda that makes it clear the company will be sold to a TA, Clearwater, Thoma Bravo or other PE and rebooted under a new name / merged with another product company. It’s not a case of pure ineptitude by NC, it’s a different game behind the curtain at work. He is a pawn not the player.
Chappers doesn’t work for Teradata - he’s a contractor.
For several reasons.
Look at the SEC filings.
He’s one of the few senior people that hasn’t had:
His job offer
His RSUs
or
His board approval, put on record
Why not, you cry ?
Because he doesn’t want his image tarnished with Teradata failure.
I’d pay a million to be a fly during his next job interview to hear him selling his “successful” tenure with Teradata…