10 in 10?

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That's funny since that was exactly the question I hoped Begley would answer when he had his last town hall meeting and wore a bunch of different college jerseys. We haven't heard squat about that and it appears we are trying to save our way out of existence instead....
 






10 in 10 had 2 different meanings:

Announced Company "vision":

$10 billion company in 10 years. That requires an average 7.2% growth in sales each year for 10 years. That was the corporate "goal" for growth. Otherwise known as corporate propaganda. (BS). "Keep hope alive", let them have cake too.

Unannounced Hospira Insider reality:

The top 10 executives will cash out an average of $10 million in stock options in 2010.
Check the public records. That was the executive leather room "buzz".
We want the icing too. It does show how incompetent Begley, the board and his cronies were (are). Or something more than that....
On $5 billion dollars of sales at 7% the company would have to average $350 million in growth a year to make 10 in 10. That's why he (quit). His parachute and strings were 24k gold. Begley just gave away $850,000 in stock (disposed, for tax reasons i would guess). I wonder if it was to his kids trust fund or his wife?


Anonymous said:
That's funny since that was exactly the question I hoped Begley would answer when he had his last town hall meeting and wore a bunch of different college jerseys. We haven't heard squat about that and it appears we are trying to save our way out of existence instead....
Click to expand...
 






Now that is funny! Top 10 Executives!!!! Find me one good executive and I will pay you $10 million.

In life, it is great to have goals. The 10 in 10 was a great goal Chris. You did not achieve it, but your other goal of being a shitty leader and fucking your employess was achieved with great success.

If this guy was a sales rep, why didnt he ever show for a sales meeting? Was he not in the same hotel as everyone else in Phoenix 2 years ago? Some sales guy. Guess he forgot that lifestyle real quick when they made him a CEO.

Good riddance to him and good luck to this new guy for all the problems he gets to inherit. A disgruntled workforce and virtually zero worthwhile manufacturing facilities. Oh, and don't forget all the pissed off customers. Good thing this guy is a Canadian and his exit plan can include getting the hell back across the border after he fails miserably cleaning up Begleys mess.
 






Do you think in your wildest dreams the board, Begley and the rest of the SLT (as they are so fond of calling themselves) would bring a new president on-board that wasn't of the same ilk as themselves??? No way, no how so Mike Ball will be more of the same. The "Transformation" must continue as planned including the continuation of LEAN which is destroying manufacturing efforts and employee morale because of how it has been implemented and how success is tracked, I mean demanded. Now employee "re-education" meetings are being sponsored by the arrogant SLT led by Ken Meyers. The beatings will continue until morale improves or at least until all the required manufacturing infrastructure is in place in India and production can begin shifting there from this side of the pond. After all, McKinsey and their Indian leadership ordained and blessed this future for Hospira after the spin from Abbott. Orchid and other pharmaceutical flowers in this country of 1.2 billion will have an infinite supply of cheap labor. Can't wait to see how the FDA will deal with this opportunity since they continue to have one issue after another with one Hospira manufacturing facility after another right here in the USA.
 






Anonymous said:
Do you think in your wildest dreams the board, Begley and the rest of the SLT (as they are so fond of calling themselves) would bring a new president on-board that wasn't of the same ilk as themselves??? No way, no how so Mike Ball will be more of the same. The "Transformation" must continue as planned including the continuation of LEAN which is destroying manufacturing efforts and employee morale because of how it has been implemented and how success is tracked, I mean demanded. Now employee "re-education" meetings are being sponsored by the arrogant SLT led by Ken Meyers. The beatings will continue until morale improves or at least until all the required manufacturing infrastructure is in place in India and production can begin shifting there from this side of the pond. After all, McKinsey and their Indian leadership ordained and blessed this future for Hospira after the spin from Abbott. Orchid and other pharmaceutical flowers in this country of 1.2 billion will have an infinite supply of cheap labor. Can't wait to see how the FDA will deal with this opportunity since they continue to have one issue after another with one Hospira manufacturing facility after another right here in the USA.
Click to expand...

How true are the predictions??
 












Anonymous said:
10 in 10 had 2 different meanings:

Announced Company "vision":

$10 billion company in 10 years. That requires an average 7.2% growth in sales each year for 10 years. That was the corporate "goal" for growth. Otherwise known as corporate propaganda. (BS). "Keep hope alive", let them have cake too.

Unannounced Hospira Insider reality:

The top 10 executives will cash out an average of $10 million in stock options in 2010.
Check the public records. That was the executive leather room "buzz".
We want the icing too. It does show how incompetent Begley, the board and his cronies were (are). Or something more than that....
On $5 billion dollars of sales at 7% the company would have to average $350 million in growth a year to make 10 in 10. That's why he (quit). His parachute and strings were 24k gold. Begley just gave away $850,000 in stock (disposed, for tax reasons i would guess). I wonder if it was to his kids trust fund or his wife?
Click to expand...
Begley was not incompetent he did Exactly as he planned
 






Maybe it means 10 thousand employees unemployeed in 10 years?

Keep up the good work all! I love hearing employees complain about where the company is headed, when they themselves helped bring the company to where it is at. I hear other companies are lining up to pick up the top subject matter experts from hospira. lol Lets go to Abbott! LOL

Life is good.
 






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