You blew it
Did not sell conduent stock fast enough
Hired JV an hp computer guy
Kept MF an HP guy that did not know a p&l
Made Steve B a CIO the President
Blew up GIS the most profitable part of company
Signed up with Hp
Losing lawsuit in too many ways to count
Selling off leasing business
Europe imploding
What’s left to do
Lose money on your purchase after ruining the company for good.
The installation of HP goes way beyond what is mentioned here. Naresh already added-good one. We can also add Mary McHugh - Chief Delivery Officer - to the list. From her bio: “Previously, Mary was at Hewlett Packard Enterprise as the senior vice president of Global Solution Design and Delivery”
Let us not exclude Naresh Shanker, former HP and current XRX CIO who said in an interview in March 18 the following about the HP/HPE separation:
“Several facilities and sites worldwide had to be separated and secured so that we could deem ourselves separate identities and meet all the financial and regulatory requirements of standing up our public companies.”
Same guy who renamed an internal, non-customer facing IT operation as XDX “Xerox Digital eXperience” - almost as if he was unaware that particular IT arm did not face the customer.
I wonder if he is following his history - driving a separation. The elimination of 500+ finance and IT jobs from Webster associated with the Raleigh/Cary deal certainly feels like site functional separation.
The XDX name certainly feels like something larger is coming, or mgmt really feels “Digital Citizen” and those offerings will actually gain traction - unlikely.
Having a CTO acting as CIO also could imply something such as IT having a bigger role in revenue of if separated company.
There are other clear signs as well but until I am laid off I am respecting that certain information should not be shared publicly. October is coming. Clock is ticking. HP leadership is taking this ship somewhere. Plan accordingly.
Wow, didn't know MF was at HP! Checked him out and sure enough, he was a VP there for 9 years prior to Xerox. His hire (2012) predates the current CI-DD-JV regime, nevertheless he knows their culture and would not be surprised to see him survive a XRX-HP merger.
The real losers in this are the ones who lost their jobs through no fault of their own.
And here is some feedback from Europe .... yes, Xerox Europe is being 'restructured' only to save money and for the 'Top' Managers (Excel Managers we call them!) to make some Bonus. Everything concerned with Customer Satisfaction is going just going out the window. No focus on the customer, no focus on meeting their requirements ... just slash, slash and keep on slashing. Xerox is focussed on NOT sending a service technician to fix a call, don't send them toners & materials etc, etc. Xerox people in the countries are just waiting to see if their job is the next to cut, they are paralysed!
Partners and Resellers are just getting the tired old Xerox Corporate PP presentations on how 'great' the company is and how it is moving the times. Forget it!
and made whats left a shambles for the customer and staff alike, more siloed more fragmented, less experience,the right hand doesnt know what the left hand is doing.,