An SVP was brought in a couple of year’s ago. No specific Fiserv background, just generic business experience. Of course she says everything is wrong and must change. 6 months ago she brings in her own person as VP. She tells long-term directors and managers to be more like this new person. That new person? She’s leaving.
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They can’t even calculate the amount of cars in a parking lot or bathrooms in an over crowded building. They claim they lost money in the first quarter while stock prices have never been higher.
Sounds like the SVP is a bit overconfident in her abilities. That VP probably had some promises made and then broken once they arrived. Unfortunately this isn't just limited to Fiserv but seems like it is happening a lot at Fiserv.
Why not sla-ghter the cow while you are milking it?
I certainly have not seen a single smart, intelligent, or fact-based business strategy being exercised by 'leadership'.
It continues to seem like they are cutting the fat and pushing Fiserv are far as possible to achieve false and manipulated revenue targets at the expense of long term revenue growth.
What is Frank's game? Is he milking the cow only to sla-ghter it at the end?
Executives cannot say anything negative about Fiserv, it is in their contract. If executives are leaving, it's because they see the dysfunction, but can't say or do anything about it.
I truly believe that FB and his 'disciples' WANT us to fail, at least in my group. If you have been here pre- JeffyY days, then you probably believe this also. Everything he has done points to this. I could give examples but what's the point.