Lowell McAdams and his henchmen and Marni destroyed Verizon..............
16 replies (most recent on top)
If you were a mediocre performer but management friendly you were placed on the VLSS team. When your VLSS tour was up you were picked off during the next RIF...just one Wireless Network employees observation.
VLSS tend to address inefficiency and related cost reductions. What is can’t help with is revenue growth, which is really the problem at Verizon. It has a pocket of popular products and services and the rest is declining junk, which requires intensive capital. Needs to dump bad lines of business, like digital media, which is a proven loser. Need to hire individuals with vision and ability to innovate, rather than kids who don’t wear socks. The CMO should be returned to the last company he ruined.
What began the downward path for Verizon was the purchase of the Vodafone shares at 130 billion dollars. Should have purchased it at 30 billion when Denny suggested. But Verizon, always looking for a bargain paid 130 billion for the shares. Nothing but poorly thought out plans have followed.
Fending off bankruptcy or an out right sell where Verizon is no longer the owner is tough to do when the only egg they want in their basket is 5g.
If Verizon survives it will be under a different BOD.
@112toPmN-gqn proven successful where?
Management and wireless sales people destroyed Verizon by not caring about the customer.
Microsoft licensing fees got us g-suite.
VLSS no doubt got us G-Suite. And the “G” stands for “Garbage”
Verizon Lean Six Sigma
What is VLSS?..
Really? Do you think VLSS is that powerful to take down the whole company? That's impressive. Lean Six Sigma is a proven successful methodology but the Senior Management need to be open and accept the results and recommendations from the results otherwise it's all in vain.
Vlss in the real world is about maximizing all available efficiencies. Materials, personnel, time, money, etc. The overall goal is not just to save money, but to make conditions better for all employees. Vz vlss is a failure because no efficiency was considered unless it had a signifigant money savings attached to it.
I think the low hanging fruit was all gone within a year and here we are like 10 years later and these dopes are still around.
I sat next to a VLSS chick in the office. They had one conference call a week where they would talk about their "projects" and she was gone the rest of the week doing who knows what.
Easiest job in the world. Can't wait for them to announce the plaid belt!
Would VZ fate be the same as the current GE status??
GE didn't learn the lesson with lean six sigma until it was too late.
Every single tool rolled out in the past 3 years has been slower, more inefficient, and only designed to save money on a spreadsheet without taking the real world into account.
We hire contractors whose only role is to handle these systems
What I learned from VLSS (or just my snarky takeaways).
There should be mandatory green/black belt fights at all major campus locations.
You want some middle management martial arts dojo in the office? Here's how it should go down...
It's the Valley Karate Championship all over again. Danny and the Cobra Kai are long gone. This time its Jim from the Finance Transformation team vs. Sally from Global Real Estate. These two will be battling it out over who's PowerPoint will be less scrutinized by the executive leadership forced to listen to their hypothetical dummery surrounded by unsubstantiated and likely bogus ROI metrics. All for the coveted green belt, which they will tie around their foreheads and wear to the office proudly for all to see (and they get the badge on their AboutYou profile and their email signature line... oooooo ahhhhhhh).
- VLSS. Performance draining exercises in futility providing zero actual results.
Brought to you by the same people who never asked "how do you feel about open concept seating?".