2.0
Sep 28, 2021
Former employee
Recommend
CEO approval
Business Outlook
Pros
Most people there are pretty decent
Cons
The company’s entire strategic direction was aimed at maximizing ownership’s exit value. Given owners short holding periods and mature stage of company these strategies all had immediate cash flow requirements - no long term strategies were entertained. This led to over-reliance on financial engineering and operational efficiency and a marked distrust of innovation. Any hints of new ideas and creativity were stifled in the name of short term profits. 90% of everyone’s focus was M&A for the sake of M&A - any product benefit to these acquisitions was merely a cover story.