Has Great Potential - IF - Executives Cut the Cord to Tyco
Pros
A new start for a 139 year old company since its divestiture from Tyco. Good pay and benefits, relaxed business casual environment, lots of projects
Cons
It appears Management is still tied to Tyco because the CEO was appointed to his role by Tyco and the executive get Tyco stock options. C-Level executives are not true leaders and this creates a chaotic environment within their respective departments Hired a Chief Innovation Officer that has not offered up one new product or service despite the fact employees send in their ideas. Pure BS from this one. The CMO does not appear to be a true marketing man with innovative cutting edge advertising ideas. He made ADT look stupid on "Undercover Boss" from the premise of his participation, to his general lack of intelligence. He came from 24 hours fitness - how well known are they? NOT New CIO appears to be a smart woman and hopefully great things come from her addition to the company Too many managers, directors and VPs hired based on the fact they are females or minorities rather than skilled leaders who are knowledgeable Lack of training offerings, lack of a plan to promote from within, and TOO dependent on outside expensive vendors. The Tyco/ADT divestiture cost shareholders over $700 MILLION Dollars -- whose pockets were fattened!?!