They just keeping shipping in these new executives from Accenture don't they? Latest one announced today is a "Senior Director, Service Assurance" whose passion is "driving impactful change for organizations". Is this Accenture –> DXC pipeline merely a form of asset-stripping?
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Mike has proven to be a complete incompetent know it all. His actions on the townhalls where he attacks people asking honest questions, his complete inability to understand how a global operation works, his hiring of Accenture castoffs, hiring that fool Steve to run Europe, handing 100s of thousands in shares to do-nothings like the new head of HR, and finally sacking highly skilled employees leaving the company with no knowledge. The company has no name recognition (which he promised to fix almost a year ok), no new portfolio items, no direction, and no chance to survive. Instead, he will job off an arm (health care) for 5 billion, job off a leg (who knows what vertical next) and continue until there is nothing left but the lower stack, which any Indian provider can run for 50 percent less. What a disaster.
All this has being going on for years. It will continue. What a place.
Yep and since when do we have customers come on town halls and shill for the company, that shows you something is really wrong....having a customer come on and talk about what a good company DXC is, wonder how many stock options that guy got.
Spot on guys how many layers do we need. All just introduce more form filling and procedures just to justify their positions. Well now have even more town halls, and whose come upto with 1 to 1s every 6 weeks, are they for real on this planet?
Some people dont have enough to do so they come up with these half baked ideas.
Come on Mike Sal sort this mess out and chop the 6 layers of management we dont need. You've had a year and wall street will start doubting what you blag.
@1ter+173qIT3I - Good post nothing has changed since Lawries day and his bad leadership under CSC, then DXC with Sal taking over and nothing has changed for the best (he's had time to reshape DXC removing inefficiencies such as multiple management layers that don't add value to DXC) we are just slipping down and down the league.
A while ago, I've posted that this leadership says one thing, and later does something different. Not that long afterwards, in one of the town halls, it was stated "do as you say". Fast forward to today, nothing has changed with respect to that specific distrustful behavior - WFRs are incoming in AMS and EMEA. People are starting to leave. An announcement for those potentially affected to lose their motivation to put their best effort forward, but rather into their own self interest. Doesn't this sound all too familiar?
Now we're introduced to this person.
If history at DXC has taught us anything, we will most likely get a bunch of town halls about this person, fill in a bunch of forms for any arbitrary reason, or be slapped in the face with additional controls and processes on how we should do our work. Take careful note of this pattern; they are symptoms. The cause is that these people may possess the magnificent ability to screw over the workers, and even clients, so that they themselves look good on paper (or an excel sheet) towards executive management when it suits them. These people can look at you in the face and tell 10 or more people they're fired with icy blood running through their veins. Why else do you think they've climbed high on the corporate ladder?
With the end of Q2 coming up, just looking at the decisions made by management thus far gives me a strong idea the quarterly fiscal results are going further down the toilet than last year. The cycle will never change. Neither will the "transformation journey".
Step one: http://www.poorlydrawnlines.com/comic/so-successful/
It's a bit of a joke now, he said his cutting management layers as customers are telling him theres too many managers then he goes and layers it with loads of ex Accenture pals.
Its like a football transfer market, got rid of Paul Saleh for $15Million so his buying some defenders for $20million. His strengthening the squad in case some get injured, he needs 11 players but has a squad of 30 as it's the premier league and he needs to compete with Liverpool in the Champions league.
Ah well when we keep been told pay raises dont exist the management team with their share bonuses and million pound pay are turning the top heavy pyramid upside down again.
How I wish I was one of his ex Accenture pals, a quick call and he would transfer me across, only need to work 1 year at DXC and walk away with the 4Million and be set for life and laugh at the workers who will get peanuts.
Sal's bring his yes men and women in - just managers following Sal's direction to split and sell more parts of the company before the big fire sale at the end and then cash out.
What do you expect? Sal is from Accenture, of course he’s going to bring in people from his network to do his bidding.