Years of bad calls at the executive level have drained momentum, talent, and trust. Instead of building on strengths, leadership keeps reacting late and doubling down on choices that never should’ve been made. Now the focus is no longer on growth or innovation, but survival.
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Hey, I resemble that remark!
@OP did the IP loan for $500m go through?
@av So right, we are still blaming the guy whom left six months ago for current events. He left us in such a bad shape.. it wasn't our team fault for letting him do this to us :).
Never give people a way out. They will blame you for something that was their responsibility completely.
Don’t give them what they seek.
@a3 He didn't say no chance of bankruptcy. He hedged and said no chance of bankruptcy if the plan is executed. Now as we enter insolvency, he will further blame employees and say you were incapable of executing the brilliance of reinvention. Reinvention means reinventing XRX cash into SLT cash before its gone.
This is true. Very very true. It’s a royal shame what has happened. The SLT cannot and will not admit defeat. Psychologically how does XRX get out of this? Think of this scenario - in the last town hall letting SB said in record there is no chance of bankruptcy. He dismissed it. He answered a manufactured question from an employee and logically he was not going to give any other response. All the starts are pointing towards a default. Tell me - how does SB then confront everyone and break the news? Look I don’t know how this turns around. I have no fu--ing clue - but the inevitable appears to be delayed.