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Anonymous
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Originally Posted by Anonymous
03-08-2010, 11:56 PM
Month 1-3: "VISIONEERING" Focus an inordinate amount of time on creating Mission Statement & Core Values;
Months 4-6: "ABOVE THE LINE" Train salesforce on new sales/accountability model; ie Oz Principle
Months: 7-9: "TRUST ME" Realign salesforce and likely add additional head count
Months 10-12: "FUTURE PIPELINE" Buy Dog Drug and put lipstick on it
Months 13-15: "SHORT TERM SET BACK" Examine and slash budgets
Months 16-18: "TOUGH TIMES" Layoff random personnel slashing headcount by 20%
Months 19-21: "I WASN'T LOOKING" Find another company with cash and allow them to feel good about the enormously discounted company they can buy
Months 22-24: "I'M HERE TO STAY" Look for the next company to screw while taking more profits than the top 100 other people combined in the entire company
He'll put friends on the board, they'll continuously raise their options and salaries beyond even what greedy boards feel comfortable with, he'll be shopping the company from day 1 on.
Don't trust him one bit. BUT, Sepracor was left in decent hands and likely the best situation it could be despite the fact that he raped and pillaged the entire company
SO we are now at the MONTHS 10-13...SHORT TERM SET BACK phase by this timeline, right?
Not quite. AA was appointed CEO on December 8th, 2011, which puts us right about 9.5 months in. If you listened to his latest speeches to both the sales force & home office, you'd see that we're transitioning from the TRUST ME to FUTURE PIPELINE phases just as the original poster predicts. The SHORT TERM SET BACK(S) will occur in Q1 of 2013 after Xiaflex doesn't come close to hitting the $65M forecast and the GSK deal doesn't generate anywhere near the expected impact. The people that will be let go are likely already receiving signals that they're not performing. So, unless you've been here a while and have options remaining in the mid to low teens, or if you're one of AA's chosen ones, I'd seriously consider your options at this point. It is what it is, although it's truly fascinating just how scripted and transparent the whole charade is. Best of luck to you all.
Mar 24 13..We are lagging in timeline. Best guess, Tough times. Board meeting on May 1st so stay tuned....
03-08-2010, 11:56 PM
Month 1-3: "VISIONEERING" Focus an inordinate amount of time on creating Mission Statement & Core Values;
Months 4-6: "ABOVE THE LINE" Train salesforce on new sales/accountability model; ie Oz Principle
Months: 7-9: "TRUST ME" Realign salesforce and likely add additional head count
Months 10-12: "FUTURE PIPELINE" Buy Dog Drug and put lipstick on it
Months 13-15: "SHORT TERM SET BACK" Examine and slash budgets
Months 16-18: "TOUGH TIMES" Layoff random personnel slashing headcount by 20%
Months 19-21: "I WASN'T LOOKING" Find another company with cash and allow them to feel good about the enormously discounted company they can buy
Months 22-24: "I'M HERE TO STAY" Look for the next company to screw while taking more profits than the top 100 other people combined in the entire company
He'll put friends on the board, they'll continuously raise their options and salaries beyond even what greedy boards feel comfortable with, he'll be shopping the company from day 1 on.
Don't trust him one bit. BUT, Sepracor was left in decent hands and likely the best situation it could be despite the fact that he raped and pillaged the entire company
SO we are now at the MONTHS 10-13...SHORT TERM SET BACK phase by this timeline, right?
Not quite. AA was appointed CEO on December 8th, 2011, which puts us right about 9.5 months in. If you listened to his latest speeches to both the sales force & home office, you'd see that we're transitioning from the TRUST ME to FUTURE PIPELINE phases just as the original poster predicts. The SHORT TERM SET BACK(S) will occur in Q1 of 2013 after Xiaflex doesn't come close to hitting the $65M forecast and the GSK deal doesn't generate anywhere near the expected impact. The people that will be let go are likely already receiving signals that they're not performing. So, unless you've been here a while and have options remaining in the mid to low teens, or if you're one of AA's chosen ones, I'd seriously consider your options at this point. It is what it is, although it's truly fascinating just how scripted and transparent the whole charade is. Best of luck to you all.
Mar 24 13..We are lagging in timeline. Best guess, Tough times. Board meeting on May 1st so stay tuned....