Every move the leadership (if I can even call them that) makes is made with short-term results in sight. What happened to strategic thinking and working on achieving a goal that would actually help the company in the long run, not just make the numbers look good from one quarter to the next?
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DXC stock price 10/18: $94.65
DXC stock price 8/24: $19.48
Pretty Simple
We should outsource all tactical and strategic decisions to our Industry leading AI-Infused Platform-X.
This company is a farm, its run day to day. The guys at the top milking the cows dry. Some taking 10 million litres, some on 20 plus. More than they can drink, whilst the workers starve.
Anything that goes wrong can be blamed on the weather, employees, and external market eg wheat prices slowing Dow n.
Its never the fault of the milkers who make sure they get their booties whatever the situation or state of the farm.
No need for long term thinking, just go from one season to another, the longest would be one crop to another, all to be harvested for the people at the lofty levels.
@voq+1u0SbzKu- Yes, this short term thought process has been on for the six years of its existence.... had they bothered to think longer term in 2018, things would have been vastly different now. We would be saying the same thing on this forum in 2029/30 (if DXC lasts that long)....that if they had started thinking long term at least in 2024, we would have been in a better shape. There is no "good time" to start doing the right thing... the good time is "now". Of course, the shareholders are to blame too, as they have been far too happy to live with this quarter on quarter rubbish.... things would have been different if they had pushed the management towards long term thinking by sacrificing on short term gains. Case in point- Cognizant. Turned around magnificently under the current CEO after the hubris left behind by the previous CEO. All due to medium-to-long term planning.
there is no long run planned, so why strategic thinking would be required? DXC run will be as short and fast as you cannot imagine