Pros
Firing the CEO was a good start and showed that the company was aware of its biggest liability. Self-awareness achieved!
Cons
This company invests too much in unprofitable product lines, lacks direction, and treats it’s employees like chattel. C-levels are out of touch with the workforce and strive to be inaccessible to anyone who isn’t a manager. The overall result is a burnt out workforce, and the ones with actual talent are leaving in droves. The marginal employees will stay forever because, well, they don’t really have a choice. As the turnover continues and talent keeps running for the door, the percentage of marginal employees will continue to increase over time, dragging the company further down. This company is neither financially nor culturally healthy.
