Thread regarding Cisco Systems Inc. layoffs

UK Outlook

With one week to go, it looks like we're set for quite a setback this year. Everyone is blaming Brexit, but I don't believe we've ever seen the start of the UK decline from that. If I look back on this year, I think the majority of the blame has to sit with the leadership. Moral was the lowest I'd ever seen it at the start of the year and it's clear that investments in the right areas have not been made. Senior people and rising stars have been leaving left, right and centre. The place has been a mess.

How long can these leaders get away with blaming market conditions when others in the sector are growing. If I went in to my forecast and said I'm not going to hit my Goal this year because the markets not right I should rightly be shown the door. In addition this is another year of decline with CD in charge of Global sales. I didn't think much of him when he was running EMEA but now questions surely need to be asked.

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Post ID: @OP+OptGUeW

5 replies (most recent on top)

Wicked Witch will save the day.

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Post ID: @2iea+OptGUeW

100% agree with the previous comment on the portfolio, if you can't drive growth with everything we have to sell today there is little hope, we have some great tech and differentiation. In my view the low moral is what's killing us.....completely absent leadership at many levels, critical senior roles being 'given' to people with no process, and so many top quality people leaving with nobody really taking notice of why. So sad. I've not been here that long compared to many, but worry what FY'18 will/won't bring if corp don't look under the covers of what's really going on......I personally feel I can do well on my number, but I also need inspiring leaders that actually understand the market/tech segment they are supposed to be leading.

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Post ID: @tyl+OptGUeW

Watch Simon Sinek on leadership and then tell me how many real Alpha leaders we have.

https://www.youtube.com/watch?v=ReRcHdeUG9Y

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Post ID: @nzr+OptGUeW

That's good news about CD!

I don't buy the Brexit and exchange rate argument for a minute. Sure there will be some orders that get delayed, so what, that is also happening at the other tech companies who are growing. Look at the product portfolio we have. If you can't generate growth from it then you might as well change career. I think the biggest problem is that the leadership in the UK have no strategy. This doesn't get exposed, because the culture for them is to blame maco factors. They can't even excecute a strategy to keep up with the countries economic growth. To many lifers that needed replacing years ago.

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Post ID: @dic+OptGUeW

When I was in UKI, we did see a number of cancelled and deferred orders at the back end of FY16 that directly resulted from the Brexit vote. Either the customer was owned overseas and they put projects on hold while they waited to see what would happen or the customer speculated on exchange rates in the hope they would get a better deal as the pound fell against the dollar.

In fact, it seems to be the exchange rate that has done most damage to UKI numbers and that might have happened anyway.

UKI has had a bit of a leadership vacuum for the last three years to be honest. It was clear that PS was winding down and SG just doesn't seem to have achieved much other than ousting the old-guard and putting some lightweights in their place.

In other news, the rumour in San Jose two weeks ago was that CD will not be around in FY18.

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Post ID: @mbz+OptGUeW

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