Thread regarding 3M layoffs

Finance in IT???

In the name of all that is holy, why is IT Leadership allocating scarce resources (headcount and salary & benefits) to fund this ITBM team? As you might guess this team is part of Strategy & Services department. The people in these positions do not have any real IT experience so you have to hold their hand on every discussion of anything IT related. Look at the salary range of these positions.....REALLY? FOR REAL?

IT Business Management Finance Leader: The expected compensation range for this position is $221,591 - $270,834, which includes base pay plus variable incentive pay, if eligible.

IT Finance Business Analyst:
The expected compensation range for this position is $124,127 - $151,710, which includes base pay plus variable incentive pay, if eligible.


by
| 1990 views | | 10 replies (last ) | Reply
Post ID: @OP+1kvpmma7k

10 replies (most recent on top)

Asraf’s downfall is in motion (finally)!

by
| | Reply
Post ID: @1g1+1kvpmma7k

For ESC it is Mars consultancy. They are recommending for ESC plants to cut 20% headcount support for the large plants. Just wait to see.

by
| | Reply
Post ID: @1ed+1kvpmma7k

All these changes are coming from McKinsey. Anu and Billy love them. They will blindly follow what a mid level manager (literally!) in McKinsey is telling them.

by
| | Reply
Post ID: @qm+1kvpmma7k

Lets expands the IT Business Management team, after all they know best.

by
| | Reply
Post ID: @k0+1kvpmma7k

At one point in time wasn’t IT under finance until MM was hired? Maybe in the Monish days?

IT was also intertwined under/with on-site engineering ops (plant engineering) at some point too. Odd pairing. Nancy was around then.

In these cases the business wants a “translator” so they stick a finance SME in a role in IT. It’s a shell game really. OP is right about the impacts on others supporting the concept. It becomes a burden and time consuming.

by
| | Reply
Post ID: @ge+1kvpmma7k

Not just enterprise ops, also strategy.

by
| | Reply
Post ID: @f4+1kvpmma7k

@ax Global Business Services

It's what Enterprise Ops turned into, I think.

by
| | Reply
Post ID: @bs+1kvpmma7k

ITBM is IT Business Management

by
| | Reply
Post ID: @bk+1kvpmma7k

Ok. What's GBS?

by
| | Reply
Post ID: @ax+1kvpmma7k

GBS is a division of finance now.

IT wants to own GBS.

It makes no sense. Don't try to understand.

Nobody with half a brain would go along with it

by
| | Reply
Post ID: @a7+1kvpmma7k

Post a reply

: