When you put accountants in charge and then add a large dose of consultants into the mix, you get this mess. It's the blind leading the blind. There's a reason why more and more large tech companies are led by engineers who understand what the company actually does and are able to articulate a vision. The current GPN strategy is just a word salad of meaningless management speak that none of the employees can get behind, that obviously doesn't resonate with the street given the reaction to the investor conference, doesn't translate into anything meaningful for clients, and is really just a cloak for slash and burn tactics on the workforce to try and shore up margins because that's the only tool they've got. What growth there is just comes from increased transaction volumes, which has nothing to do with GPN. There aren't any new clients or new initiatives to gain new clients because there's nothing new to entice them with. Genius is a rehash of existing technologies, issuer modernisation is just rewriting old code in new formats that ends up performing worse than before. The current management are the definition of the emperor's new clothes. Fortunately or unfortunately (for the workforce), that was clear to everyone that attended the conference.
Came across this in replies, bumping it up for visibility.
@eza+1uHevKXd