Does anyone else ever imagine how much better this company would be to work for if Tim Welsh would have replaced Andy?
10 replies (most recent on top)
@pe Dolan was not the guy according to Ricky.
@jm 60+%. If you're at a flat 60 and not at a 60.1% you'll probably get put on a pip.
I say this seriously but also tongue in cheek because it's so fu--ing ridiculous
Welsh would have made no difference in the operation of U.S. Bank, he would have pulled the McKinsey playbook just as Gunjan has done, particularly since they do not travel in the traditional banking customer circles as does the leadership of the competitive and the peer group of banks.
Terry Dolan might have made a significant difference, given his experience and tenure with U.S. Bank through the good years and the bad years, working with great leadership and terrible leadership, talented board of directors and mediocre board of directors, significant shareholders like Berkshire, but the current U.S. Bank stock price is no better than the growth that peer banks and others have achieved as the market reacts to current events. Morale at the bank is as low as the ratings for Managing Committee members ability to operate the bank successfully and even lower than the ratings for the Managing Committee's give a daham about the bank's employees.
@gy we might not get bonuses this year either if your in-office IP doesn’t meet 60%. I don’t think Tim would ever be so malicious as to retroactively enforce a metric measurement that was never communicated. Besides, my team liked his offsites - because we actually liked him. His focus on supporting a purpose-driven work-life gave our work meaning - worth the company investing in.
This is a joke. The man spent money like it didn’t matter. We wouldn’t have gotten bonuses so he could have payed for all his offsites.
Nope.
Having to choose between two McKinsey consultants is like choosing between St-lin or Mao.
@OP As someone who was within his downstream reporting hierarchy and saw positive changes to my little piece of the overall org, yes. Bad policy like blanket, one size fits all regardless of the logic RTO probably wouldn't have come into play. Heck--we divested ourselves of unneeded office space and made an entire group remote a year before COVID was even a glimmer in our collective eyes.
LOL
Every time I think this organization has hit bottom, something worse happens.