I’ve decided to move on after a great career and journey with VZ. It’s been one hell of a ride. I will say hang in there to everyone. Here’s a few observations and predictions:
I started my career with Nynex. My work through the years during the biggest merger in US history was my greatest time at VZ. The building of LD and Global Networks was a master of endeavors. CEO Ivan Siedenberg was the last true genius we had. He implemented what this company does best, building a reliable network. That includes Wireline and Wireless.
When Lowel Mcadam took the reigns he destroyed the culture. He treated his employees like c-ap. He listened too much to the shareholders instead of just believing in what we do best. He tried and failed at so many new products like Go90, Iptv, buying yahoo and aol. He tried so hard to get us into “technology” but we are not a technology company. We were not founded by guys like the founders of Google or apple. We’re a telephone company. Lol I don’t care how many folks you hire from India if you don’t have a leader that has vision you can forget about it.
So let’s look where we are at. We have zero content, some customers have Fios some don’t, a terrible tv video product, and a CEO that really wants to change the culture and make it better. But here’s the problem, Hans doesn’t know what the culture should even be. Yes we should all be nice to each other and good employees but what exactly is the strategy? You can’t just shove political correctness down everyone’s throat. And It’s great to have multiple revenue streams and other products but you have to do it right. Super bowl is a prime example. We hosted a concert for small businesses that was a production disaster. It’s embarrassing. Where are you hiring these people from? There is like no creativity at all. And whoever that guy is on social media that travels around finding creative people is horrendous. This is what you call content?
You can’t take these same employees that literally have been micro managing workers like an assembly line and expect these cats to have any hip ideas or offer anything to boost the culture in the direction you want to go.
So advice is just stay a good telco co. Unless your going to buy something great like Disney or Netflix which btw I think you lost that chance, just stick with what you know and keep the dividends. Good Luck