I hope the slap in the face was the realization that AffAction doesn't work
10 replies (most recent on top)
A couple of her lackies recently called her inspirational on LinkedIn, but that’s just a sign of the times.
Over thirty years at Xerox and haven’t met one person that has anything good to say about our former CEO. Not sure who would win a popularity contest between Ursula and
Icahn.
UB is the reason Xerox is in the mess it is in now. Before she took over we where looking at converting to other technology areas similar to what we had skill sets for. Instead she laid all those engineers and researchers off, sunk all the money into low end services end of the biz.
Instead if she had done what Fuji did, take existing technology and move it into another area (they took the chemical processing for film and moved into plastics). We could have survived.
Trying to go into a completely different biz and just leaving the existing one to die is what set us up for a corporate raider to take over.
No way ..The most inept employee ever for the CEO position..Her appointment was a slap in the face to all that supported Affirmative Action initiatives..
Ursula outsourced office engineering. Service was the ONLY profitable division of Xerox. I've seen the P&Ls. Direct Xerox Service and GIS were the only profitable divisions of the company. She k–led off Engineering in the office space and funneled all profit to support Conduent. That was her baby and she would not let it die. She had no business being a CEO.
Lots of blame to go around, this board has covered that. She wouldn't make it as a night manager at Wendy's, but the bosses at the old X pushed her up the ladder.
It’s sad how it’s so easy to point blame at a CEO. Xerox is a business to make money just like any other business. PROFITS comes first. If we want to place blame. Blame the CEO that decided to sell the Xerox PARC (original GUI) and not improve it for further innovation. Microsoft and Apple took from it and made it BETTER. Look a them now, Apple is a trillion dollar company now. Xerox wanted to sell printers and not innovate during changes within technology causing there current issues now. With virtual learning and working becoming the new thing there will not be much for Xerox to sell. Stop putting blame on CEOs and blame the investors and predecessors for not expanding technology within the early years. If companies are not making money they can not take care for their employees as needed. There are two options here, ride the boat until is runs out of fuel knowing you did your as an employee or move on.
Anyone ever heard of Charles peter McColough? He was at the helm when they let the GIU windows and the mouse slip through our fingers. You want to point to someone with no vision and no thought to the future. He started it. Kearns was not that great. He did NOTHING to innovate beyond print. And the cycle just continued. UB had the right d**ks in her pocket and took that golden ring even thought she only ever did ONE THING to deserve it. She’s trash. So was every CEO before her and since expect Wilson. And that includes AM.
Of course not. She was the one who enabled all this. If we are wishing back CEO’s, I vote for Joe Wilson or David Kearns.1