Morons? You make a huge mistake in reading this people as inept, as they know exactly what they are doing and are performing it flawlessly. 1) Negotiate pay plan that rides heavily on options. 2) Institute initiatives that cause grievous long-term injury to the company, yet positively enhance short-term stock metrics. 3) Work this plan to the top of the diminishing returns curve and announce departure. 4) Cash out options worth millions. 5) Go to company X and begin at Step 1 all over again. 6) Lather, rinse, repeat.
commission cuts disdain for sales little interest or understanding of what motivates sales reps control
when you reach that level do companies stop bothering to talk to co-workers or former employees or former bosses to find out about one's management style?
Not funny!! That is like saying VF is Hermann Goring and Larry Siebs is Heinrich Himmler…you are a total ass! Shame on you!
Flexible ethics and psychological profile are reminiscent of Chainsaw Al Dunlap. He will dazzle you with sophisticated concepts like The Dip and the flywheel of invisible investment. There is a reason he hops around.
LOL - flywheel, dip, pillars of excellence. he may even recycle the same powerpoint slides. he can give that talk by heart now, though he still hasn't mastered the delivery enough to keep the audience awake.
Expect very high voluntary and involuntary turnover. Leadership is non existent with your new CEO, unless your definition of leadership is 'barking ridiculous orders, not knowing a thing about company products or technologies and a demand for blind compliance to his orders from on high." Refer back to this post in a few months, people will be running for the exits very, very fast.....
Looks like all the posts above were true. Had a big reorg in August and it failed miserably and now he was gone...the ones hurt in the process are the employees unfortunately.
The golden-parachuted dregs of Zimmer and Biomet continue to land on their feet and wreak havoc on good people everywhere, just like they did when they were with us.