It easy to blame our leader every time there is a setback. The business plan was and is solid. Is it John’s fault that some disgruntled employees refuse to execute on his vision? You folks have no idea how hard he works. A little patience and loyalty is what we need here and the complainers should just shape up and maybe work a little harder themselves.
20 replies (most recent on top)
So many armchair CEO’s commenting on this site. Hindsight is always 20/20. I bet many of the people posting on here want to blame the coach every time a Quarterback throws an interception or the Running Back fumbles the ball. It’s no ALWAYS the play call folks. Most times it has to do with execution. With that said, there have been some bad decisions, but the good ones are rarely mentioned on this site.
John is working hard, driving products and pricing that most customers don’t want.
Core cutters don’t want tv contracts, don’t want pay for content they don’t watch. John can say we don’t want to compete in this space. Guess what, most people is not buying into his value proposition for HBO max. Having twice amount of content doesn’t justify double the price, this is outdated thinking most kids can tell he got it totally wrong.
Just for fun, have John work in a retail store for one day, and see how many tv contracts he can sell.
Asking a manager for months and sending emails multiple times for required tools that are not available in upfront needed to complete work is part of the problem. The managers need to look in the mirror every time a customer complains about missed appointments and no show installs. Lazy managers are the main problem. Soon they will be shown the door.
Good sarcasm!!
It easy to blame our employees every time there is a setback. Is it the employees’ fault if some disgruntled executives push the wrong vision? Executives have no idea how hard employees work. A little patience and loyalty is what we need.
And did everyone notice how OP replied to his post in the first comment? It’s so obvious- what a l0ser
I wish there was a way to put a billion down votes on this toady OP. What a dope.
This spin post will not change the realty of the failures by management at the top
Written by either HR or a leadership brown-noser. AT&T has been a reckless underperformer for at least 15 years. That's what happens when you put accountants in charge instead of technical visionaries. Standard problem at AT&T is to put people in positions based on appearances and not based upon choosing the demonstrably smartest folks. When you have layoffs and even the best performers have no idea whether they are going away or not, something is wrong. AT&T has zero accountability for upper leaders and the folks below cannot connect their own performance to advancement or dismissal. An abysmal place to work.
“Very well said! He didn’t get into that position from being a slacker for sure.“
Lots of great people left too or were forced to leave that weren’t slackers either. So what is your point?
Wow asset management is busy on this site. Att is a cesspool and pales in comparison to the two Fortune 500 companies I have worked since I left on my own. Att is a cesspool and people thinking about working there should run the other way. Both companies I have been let everyone work from home even before the virus and not just the chosen few. Att is so mismanaged it is a joke. It is nothing but who you know and not what you know. The people who get moved up are a joke and only move up because of who they know. Att is a hostile environment and is a cesspool of people who think they are experts in their own mind.
At the time, Ratty stated the main reason for purchasing (ruining) DTV was to obtain better rates from the media outlets for Uverse. Uverse paid the media outlets a very high premium because of the low volume of subscribers, compared to Comcast or Brighthouse or the other large cable providers.
Then Ratty k–ls Uverse!
Idi0ts in the Board of Misdirectors could not manage a lemonade stand!
Every employee I knew at the time questioned why T was even buying DTV when people were cutting their high cable bills or even cancelling altogether and moving towards streaming. Everyone seemed to know this except senior management. This can only mean they’re completely out of touch and a new leadership team is desperately needed to right the wrongs!
We are suffering from the curse of financial engineering-driven strategies. Both RS and JS are finance people. Growing revenue by acquisition was the rationale for DirecTV ... it was laughable even then. Growing product line by acquiring Warner Media ... there is a daring vision of how the content and communication will be integrated to create new service (and not just cost efficiency optimization by eliminating overlapping function). In context real-time advertising .. complex but could be game-changer. I wish rather than pay down debt fast, they would invest more heavily in making that wish come true. With rates like today, they can refi debt, invest more in prime vision, buy back shares. Not sure why WallStreet cares how much debt we have .. it is manageable, dividends are being paid in time, interest on debt can be significantly lowered, push strategy to get share value high enough, sell high and payoff debt (for please don't buy anything else).
He was the force behind buying DirecTV. AT&T loses about 30 billion dollars on this purchase. I could do better than that by not doing anything. Almost any employee of the company with exception of Randall and Stankey could do better.
Yes it is his fault and he and Randall
And board should all be fired.
“ Is it John’s fault that some disgruntled employees refuse to execute on his vision?”
Yes, ultimately it is. He is CEO, responsible for the company’s direction, culture, strategy and results. Can you imagine if he told WallStreet that his vision is sound but results are poor because his disgruntled employees won’t execute?
The bottom line is ATT needs a visionary to lead this company into the future. It doesn’t matter how hard all of us work if the path the CEO leads us down is wrong.
If the latest reports are true about DirecTV being sold, that represents a gross error on Randall & JS. It’s valued around $20billion today, representing a $30billion loss over five years.
My prediction- YouTube will win the streaming war. Not because adults watch it but because kids and young millennials watch it. ATT could’ve bought that propert for $2billion. Today it’s value is $160billion. Google understands the future, ATT does not.
one pulling horse asked the other ' where are we going?' the other replied' I don't know I;m just following that axxhole'— there can only be one leader and to act otherwise only slows the team.
It doesn’t matter how hard he works! It’s how smart and brilliant the CEO should carry the company.
Very well said!He didn’t get into that position from being a slacker for sure.