What a glorious early dawn here in the warmth of my island paradise.
FICTION->The lizard is beginning to consume his buggy breakfast and is enjoying his leisurely lifestyle. Meanwhile, I am faced with a very busy business schedule to end the week. Money will be made and accumulated assets enjoyed. Oh how this separates me from the sycophants of society.
Getting nearer to the Indianapolis pleasure trip and the betts that will pay for the libations and social interactions.
Action at the Club planned for Saturday in celebration of the birthday of the Polo Grounds. Island dancers will lead the festivities and I will dedicate the equestrian statue. Promises to be a very social affair!
Time to sip my hot coffee and consume papaya muffins.
To the planners and true blooded producers have a self assuming weekend.
TRUTH->I was on that HPD Field Sales conference call on August 22, 2003....
They actually had a new HR VP (lady) on board weeks, host the call (that story is still wrapped up)...and in explaining one of the reasons for the spin.
She referenced HPD as a "senior" division...a classic faux paux, a premier freudian slip, your tonque reveals a thought you try to grab back as the words travel. You been there?
I sat down at my desk put my face in my hands...cause I knew I was hosed, with 15 years.
So i want to share with you PPD'ers the playbook:
1. Forget all the conference calls...they evolve like making stove top butterscotch pudding.
2. Ignore the written stuff about benefits. (see the little disclaimer, its there for a reason.)
3. Newco won't be bought out soon. Hospira was profitable, has good cash flow, but the lack of investing in the business has the chickens coming home to roost, 7 years later.
4. The Newco stock will run up, on specualtion, your executives will cash out, saying they have to diversfy.
5. Prepare for a downgrade of healthcare, profit sharing, and raises for you worker bee's.
Companies rarely have a chance to take these away.
6. Have a good relationship with your boss, even if superficial.
7. Thousands of you will be pinked slipped. That announcement will run up the stock. Good luck to those who are affected.
8. Your new CEO has experience in this....more polished than Begley. His experience is not widely known...sorta an undertone. He likes those $2,000 suits. Maybe $3000, now.
9. Hospira business is steady, good product, not patent driven, your model is different.
10. This is a private equity move done by a public company. Understand what PE does.
Good Luck!