On the Hub, I’ve seen the “leads” post that they are “so excited” about TR after the reorg is complete or something to that effect. Why are they so excited? Because they know their jobs are safe?
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What happens in Baar, stays in Baar.
Yes, lay it all baar.
Yes, tell us about taxes in Switzerland...
Because many of those “leaders” have a portion of their salary paid in TR stocks, in increasing proportion from band J upwards.
When you see that the TR stock has increased over 20% since the Announcement, I can easily understand their excitement.
This is about the richest family in Canada. Not any of you or anyone else. Damn them. I could talk about the tax scandals and fraud that occurred in Switzerland if anyone wants to listen.
There is not such excitement.
Imagine a situation, let´s say X, where X is the equilibrium, defined as "things are under control".
If you produce an action "X+1" you break X, unless you mascarade that action as "X-1" which in the leads minds restaures X.
So you can produce a giant transformation that keeps all the people talking internal affair for months, but you must say "now that we are focusing the customer" and equilibrium is magically back.
If in the era of accelerated changes you seat on the old traditional product to kill all the rest, you must call it Innovation.
When you move from the intent to be global back to the american dream, call it Diversity.
If your numbers are consistently flat, present those numbers as "a new Q of solid performance",
So that is the "equilibrium pattern".
If you feel depressed by the intimate conviction that you are not at the level of your role and responsibility, call it Excitement.
that corporates all hands call showed why they should be excited: they are incompetent and void of ideas. what did that call accomplish? nothing except serve their ego
It’s funny cuz it’s true!
We are very excited about the new leads and the new organizational structure across Thomson Reuters.
The vast change throughout the organization will indeed prove to make the organization a leaner, meaner, aggressive profit machine with fewer people, making less money, doing more work.
A benefit to the flattening of the company will be the transition from a bloated company to a customer-facing organization responsive to customer needs and wants. After all, this is a once-in-a-lifetime opportunity.
We also appreciate the manner in which this is being done. As It turns out, the customers will be facing the direction we want them to - towards us.
Sincerely,
Wolters Kluwer
Meanwhile, competitors are moving ahead with new customer connections, innovation, new products, while TR is playing musical chairs, they fall further behind. We've seen NOTHING (sorry for shouting) on any of these message boards about operational endeavors. Nothing about strategy. None. The only thing we're hearing is about divestment, downsizing, etc.
The leads and heads should all feel excited. I’d venture to say 60% of them should have been let go but we’re simply rotated instead. I’ve never seen a more underwhelming, and in some cases scary, round of corporate musical chairs in my life. I’m not sure how you get positive global transformation when you’ve reappointed many of the same people who’ve in turn ensured the rotation of their protégés. If this were DC, we’d say it’s toke to drain the swamp.
Yes.
I was talking to one of those leads who in between crocodile tears told me they’ll be retiring in x years anyway. “I just need to stay afloat for x number of years.”