How bad can one person screw up a great company? Someone contact the Trump administration to take a look at the outsourcing and loss of jobs of Americans to India. Cheaper per hour does not translate to better qualified workers. Dishonest about skills, background and education. Media, please do a deeper dive and check out staffing, job numbers rigging. Let's get rid of schlifske and make NM great again.
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In response to replacing Schlifske, the board needs to bring back Zore or Oberland on an interim basis to restore confidence, integrity, and credibility with policyholders and employees as well as stabilize the company. This will allow the board more time to search for a replacement and #MakeNMGreatAgain.
Yes we saw what happened with LearnVest and that was Schlifske’s FUBAR. The question about who replaces Schlifske is a problem for the board. In the end NM can’t keep kicking the can down the road and hoping the issues magically fix themselves. Time to get rid of slimy Schlifske.
YES, he needs to go. Yet, the real question is who can lead NM into the future? I'm not convinced that they have anyone in their current ranks and we all saw what happened when they bought LearnVest. All companies need a balance of older & more experienced employees along with a genuine willingness to mentor younger employees. And, younger employees who are open to being mentored while experienced workers are open to new ideas. It's a partnership that needs to start with the leaders! Business need to invest in the poor & disenfranchised with internal education/skills development that will provide a decent wage. Let's face it - there are a lot of jobs at NM & other companies that do not require a $40k/year college education.
Yes he needs to go, but it seems the board is drinking the cool aid with him. Since the LearnVest acquisition, revenue increase the last 3 years has been well below the trends in prior years, and in 2017 revenue dropped compared to 2016. Premiums have also flat lined the past 3 years leading me to believe that Schlifske has lost focus on how to run the company.
So true about offshore resources for skills. NM brings a few offshore resources onshore and they carry those offshore. They translate for them & direct them in exactly what to do. And, they are a clique onshore getting away with poor behavior that would not be tolerated by full-time employees. As a result, on shore, full-time, American workers lose their jobs. And, when there is a crisis in India such as a transportation strike or water shortages.............they can't get to work. NM doesn't suffer because full-time employees have to pick up the slack. No one in leadership can be honest about the real cost of offshoring work. And those with any decent skills leave once they get enough experience because Infosys pays so poorly.