Take the time to educate yourself and read this article. Insightful and non-bias. The best thing we can do is stay informed. God speed.
https://onedtech.philhillaa.com/p/2u-facing-additional-existential-changes
7 replies (most recent on top)
So you're telling me me have a 42% chance we finesse ?
That's because no one leadin careers has any experience in the field. The middle managers do have CS experience but not leadership/decisions making experience. They were career coaches promoted. The vp and directors definitely do not.
@2yuc+1pRqChuZ
Thus is clearly seen in career services/workforce engagement/career engagement, whatever name it has. It was a well oiled machine. Needed some tweaks but not a complete overhaul. The department weakened with these changes and if complaints from students haven't started coming in then they will be soon for lack of attention to detail at multiple touchpiints. This department is what stood out to unis. What helped sell. They washed it completely. Shame.
Katzman thought the article was well written.
Having 5 VPs in a meeting to discuss things that should be solved at the ground level is an operational issue as well as a financial one.
One of the biggest issues this company has is leadership overhead which makes teams completely inefficient. So many individuals were promoted through acquisitions with no experience on how to scale or lead an organization of this size. It's chasing away any new leaders or individuals who actually have experience. New leadership at a broader scale would be a breath of fresh air.
Thanks!
And while you're at it, tell Phil that the only reason 2u is facing a Financial crisis is because the previous CEO did not know how to Operate the business!
" There’s more analysis to be done, but for now I will point out that 2U is replacing its chief executive officer (CEO) with its previous chief financial officer (CFO), Paul Lalljie. He is not an interim CEO, he is the new CEO. This is telling in that the board chose the financial guy as they are primarily facing a financial crisis, not an operational one."
I'll let Phil know he made thelayoff.com