That's my opinion. Issues are just piling up, and nothing is being fixed. I think the question is no longer whether the company has lost its direction, because that is almost obvious, but whether it will be able to get back on track?
I doubt it, because a company that has a vision for the future does not give up so easily on the talents that are leaving here in droves.
10 replies (most recent on top)
Watching some of the decisions being made during this reorg and, no surprise, its more bad decisions. TaS doesnt have the B.S. detector he thinks he does. DK doesnt know scrap about product or people.
@1cay+1iPNbtxG yes and on the last NA town hall this was asked and the head of product (DK) basically said “we already have world class products we just need to continue to do so.”
That type of ivory tower arrogance is a sample of the lack of self-awareness and apathy many of our executives have.
No doubt. I regularly made $60-80k a year in bonus. I saw the writing on the wall in 2010. I left. Best decision I ever made. It’s not going to get better and if you don’t see this fact at this point, it’s your problem.
Pearson where reps go to make no bonus and bi--h all day. Get a new job people! It’s not going to get better.
You guys need to be working on the pipeline. Leave the big decisions to our faithful and tremendously talented leaders. I'd also suggest brushing up on those interviewing skills because you're most likely going to be asked "what value do you bring to Pearson?" It's coming, folks - sorry, he, him, she, they, their, it, her - and make sure your inclusion training is complete. It's all about priorities at Pearson and Friends, Inc.
When your biggest “innovation” is a copycat of cengage unlimited, that is all the evidence you need. For too long they have let insider fighting paralyze any progress or movement. There is zero understanding of the student mindset by the people (or very new C level) who came up with the “innovation”. Just because Disney means something to you when you’re a child —— the college textbook youre required to buy won’t. Even if you spend a lot of money on branding. Ask most students, they don’t know the difference between any of the publishers, they aren’t going to be recommending pearson to their grandchildren. But please, focus on your next playlist.
@1cay+1iPNbtxG Correct. That’s the fundamental issue here. No one wants the product. No one. And very few actually need it.
And to the previous poster. If you think adults are going to buy this junk for “life long learning,” I have some swampland in Florida that is for sale.
A successful business should not have to trick consumers into buying the product. That is exactly what Pearson does. IA is exactly that.
Until consumers WANT your product a business will never see prolonged success.
Sales continue to go down at Pearson because the market is shrinking and we haven’t innovated . Our leadership has been talking for years about how we need to market to students after graduation for retraining and lifelong learning. What have we done to capture the retraining market? Nothing. It’s all talk I believe to pump up the stock. We have been talking about creating modern products customers love to use. What have we done? Nothing. The entire company is milking very old textbooks and products and we are slowly losing that business.
Engagement baby! Engagement.