#leadership

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Practice what you preach

The only way to cut down on bureaucracy and be cost responsible at the same time is to actually thin the leadership layers.

Stop approving vp-reports-to-vp nonsense, systematically thin the senior director level and give their authority back to people actually close to IC's.

Anything beyond this is lip service to excuse layoffs of people who actually do the work.


Permission to just go? Seems opposite of direction from leaders.

So EH message was no bureaucracy…but we need to save money and be smart about waste. Yet everyone has a free pass to go fast? Good luck with that at this company. Just don’t give us less than 100% bonus because you can’t control SG&A based on your “just do it” guidance.


Criteria for being a HiPo?

What is the criteria for being a HiPo in XOM?

I have seen a few so far - they literally just destroy the morale of the teams, make terrible decisions that the teams have to bear the impact of long after they leave. They focus heavily on optics to outside organizations, they don’t like technical people (or anyone in their teams) that actually are heart and soul of their teams and perhaps the only good part of it is that they leave soon but it never feels soon enough.

Question is are the rest of us incapable of seeing how amazingly great these future leaders are (and that’s why we didn’t make it) or is this all just as true as it feels?


Failure is the key to Success at TD

If the rumours are accurate, TD has reportedly made the decision to significantly reduce its New Business team — primarily those operating at field level. In effect, it appears the accountability process was STUBBED at that level.

What is notable, however, is that leadership responsibility for growth through new-logo acquisition does not appear to have been treated with the same level of scrutiny. The individual tasked with delivering that mandate seems to have avoided the cull, despite the outcomes not aligning with the original brief.

Whether this results in a lateral move or progression into another senior role, it raises broader questions around governance and performance accountability. When growth ambitions are not realised, it is reasonable to assess whether the issues sit purely with frontline execution — or whether strategic direction, positioning, and leadership oversight also played a role.

In any organisation, sustainable new-business acquisition underpins stability and long-term success. When that engine stalls, the impact is inevitably felt by those closest to the revenue line. Yet growth challenges are rarely isolated to field execution alone.

If product-market fit was genuinely a barrier, that insight should have been formally escalated and addressed through a structured mitigation plan. Where systemic obstacles remain unresolved, responsibility must extend beyond those executing the sales motion.

In competitive markets where alternatives such as SF or DB may already hold stronger positions, the key question becomes whether the opportunity to win new logos was constrained externally — or whether it was effectively STUBBED internally by gaps in strategy, capability, or vision.

When leadership continuity persists despite repeated growth underperformance, it inevitably prompts reflection on how accountability is applied — and whether standards are consistent across all levels of the organisation. All in all, its evident, those that should hold accountability, despite failure are continuously being rewarded and there lies the problem at TD!


Glossier Cuts Over 50 Jobs in Reorganization

Glossier reduced its workforce by over 50 employees. This represents approximately one-third of its total staff. The company reorganised its operations on Wednesday. Colin Walsh, the new chief executive, leads this change. Glossier aims to improve agility and regain market leadership.

https://www.businessoffashion.com/news/beauty/glossier-layoffs-2026/


Meet the Pearson boss who punctures CEO bravado

https://www.fortuneindia.com/technology/meet-the-pearson-boss-who-punctures-ceo-bravado/130226

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Is this some kind of joke? I've never seen more bravado from a group of leaders and their CEO in my career.

He may have less bravado than Elon, or Jensen, but he has less to no products people care about either.

World gone mad.


What a ride - from great place to work to lord of flies!

I want to take a moment to express my deep appreciation for the culture at FactSet. Kissing a-s is the only way to get any meaningful traction.

Special dedication to the HRBP, L&D, Talent Delivery and Organisational Effectiveness leadership. Your inability to discern between noise and substance, between nuance and context is the reason for the unnecessary challenges we face in the business.

CFO, CPO - I hope you look at your stock awards and question your lack of judgment and willingness to take ethical stands that led to FactSet’s fall. No points for guessing how instrumental your contribution has been in deflating the firm’s value.

Special place in he-l for those gaslighting the outliers in the name of “culture”.


Code RED, massive reorg

You cannot imagine how serious the memory crisis is the company is facing right now. The company has for many months act on it but was not taking much action thus lead to the CEO demise. Now the situation is so bad that the company is exploring reconfiguring/resourcing/reusing memories but the impact is near negligible. The problem cannot be solve with throwing more money at it as it is not a money problem. So bad is the situation that the production rate is so low that it's coming to a standstill. Externally the company is totally handicapped by the memory situation, internally they are tightening up so much that it's scrapping every single cents to can save to cushion the financial impact.


Is Juan the president of Schooner Tuna??

Juan’s outreach to the Member about how USAA will make their dollar go further is laughable. The Bank pays sh-t interest, charges predatory rates on credit cards and loans, insurance is well into the highest range. This maudlin we well get you through these tough times is spot on the Schooner Tuna ad from Mr Mom, which is comical in its form. The Tuna with a heart. Did we fire the ad people?


Tone-deaf CEO remarks

At the Salesforce company kickoff in las Vegas yesterday Mark Benioff joked about ice and bragged about how many people he was hiring but did not acknowledge the stress or the trauma that ice is inflicting on his own employees, let alone the capricious layoffs in professional services that affected people who typically bill hundreds of thousands of dollars per year.

He seemed tone deaf and completely insulated from what it's like for the people who work for him but still had the gall to mention ohana many times. The internal slack channels were on fire with people, many of whom had been laid off without cause.
The public video was edited to omit the remarks in a very awkward and amateurish way.

Salesforce used to be an exception but now it is just yet another billionaire-owned company that only cares about next quarters profit and loss.


Talk about ruining things in style

The way Clover as a product emerged over the years and took the market by a storm, I almost feel sorry looking and hearing about the conditions now. Remember Blackberry !
There is no direction, there are no mandates or focus or practically anything which shows a leadership. The failure has been gargantuan, customers unhappy and leadership in a self-made happy bubble while competitors are leaving Clover behind in this race.
On dot was the only thing missing in this game of railroading this company and now thatthey are here they seem to leave no stones unturned to finish off the job !


When Strategy Becomes a Collection of Excuses

Phillips 66 increasingly feels like four different companies trying to share one identity.

Refining behaves like a cyclical market business.

Midstream behaves like long-cycle infrastructure.

Chemicals operates on global petrochemical timelines.

Commercial trading introduces short-term risk and volatility.

Each of these businesses has its own logic. The problem is that they do not share the same operating tempo, capital profile, or investor base.

And yet management continues to insist that integration creates advantage.

The evidence suggests the opposite.

Refining volatility still dominates results. Chemicals absorbs capital just as margins weaken. Midstream demands steady reinvestment as assets age. Trading amplifies swings rather than smoothing them. Instead of offsetting one another, the segments often pull the company in conflicting directions.

This is not an execution issue alone — it is a structural one.

When leadership attention is divided across fundamentally different business models, accountability blurs. Each segment can point to another when performance falls short:
• Refining blames markets.
• Trading points to volatility.
• Midstream cites long-cycle economics.
• Chemicals asks for patience.

The result is a company where no single leader owns the full economic outcome, and shareholders are left holding a portfolio they didn’t explicitly choose.

Investors don’t need Phillips 66 to assemble this mix for them. They can buy refiners, midstream operators, or chemical producers directly. Portfolio theory says diversification only creates value when it reduces risk or increases returns. At Phillips 66, it increasingly looks like diversification is doing neither.

That is why the breakup conversation keeps resurfacing — not as an activist slogan, but as a rational response to structural tension.

Separating refining from infrastructure.

Allowing chemicals to find a more natural owner.

Letting midstream operate without being anchored to refining cycles.

These are not radical ideas. They are acknowledgments that different businesses require different leadership focus and different shareholder bases.

Right now, Phillips 66 feels less like an integrated platform and more like a collection of assets waiting for clarity.

The company doesn’t suffer from a lack of strategy.

It suffers from too many strategies competing at once.

Until leadership chooses focus over breadth, the conglomerate discount will remain — not because investors misunderstand the story, but because they understand it all too well.


February missing a little H(e)art?

Took a long long while for DH the sleazy breezy Chief People Officer to be quietly turned out to pasture… He must have had a really ironclad type of contract to avoid being sacked for decades of behavior complaints… or he knew some excellent intel on the ELT as protection.

So.. good luck new lady. The bar was low so you can just not be a creep and you’re already doing better than the last guy


Kyndryl Shares Halved Amid CFO Departure, Accounting Review

There's no way IBM won't feel some residual effect from this.

https://www.wsj.com/business/c-suite/kyndryl-finance-chief-wyshner-leaves-amid-accounting-review-167cd93d

The company also cut its guidance for the year after posting third-quarter results below Wall Street expectations

By: Colin Kellaher and Elias Schisgall
Updated Feb. 9, 2026 10:19 am ET

Shares of Kyndryl KD Holdings lost more than half their value after the company’s chief financial officer left amid a review of accounting practices following an inquiry from the Securities and Exchange Commission

The information-technology-services infrastructure provider on Monday said finance chief David Wyshner had left the company, along with general counsel, Edward Sebold. The company also cut its guidance for the year after posting third-quarter results below Wall Street expectations.

Shares were down nearly 57% in recent trading to $10.18.

The New York-based company said its audit committee was reviewing its cash-management practices and related disclosures, including regarding the drivers of its adjusted free-cash-flow metric, as well as the efficacy of its internal control over financial reporting, according to a filing with the SEC. The review came after the SEC’s enforcement division requested certain documents from the company.

Kyndryl said that while it doesn’t expect the review to result in a restatement or other impact to its financial statements, it will delay filing its quarterly report with the SEC and expects to report material weaknesses in its internal control over financial reporting for fiscal 2025 and the first three quarters of fiscal 2026.

The company said it needs more time to finalize its quarterly report, which covers the fiscal third quarter ended Dec. 31, adding that it is developing a remediation plan that it will outline in the report.

Kyndryl Chief Executive Martin Schroeter declined to comment further on the company’s earnings call. “The fact is we just can’t comment until the examination is complete,” he said. “The teams are working expeditiously so we can share a remediation plan.”

He added that the company’s fiscal 2028 goals remain intact.

For its latest quarter, Kyndryl posted an adjusted profit of 52 cents a share on revenue of $3.86 billion, shy of the 60 cents a share and $3.89 billion, respectively, that analysts had penciled in.

The company said it now expects its full-year revenue to fall by 2% to 3% in constant currency, after previously forecasting a 1% rise. It also cut its full-year guidance for adjusted pretax income and free cash flow.

Harsh Chugh, Kyndryl’s global head of practices, corporate development and administration, has stepped in as interim chief financial officer, and Mark Ringes, deputy general counsel since 2024, will serve as interim general counsel. Both appointments went into effect Feb. 5.

Both Wyshner and Sebold had been in their posts at Kyndryl since 2021, the year the company was spun off from IBM.


The bottom line is why excellent people get laid off

They cost too much. It's that simple. Companies prioritize immediate savings over quality and short-term gains over long-term health. That’s the core reason we’re in a downward spiral, and it will almost certainly get worse. There's no vision. No grand plan. Just a relentless scramble to cut costs and funnel money to the top for as long as possible.