Anonymous
Guest
Anonymous
Guest
Selling two companies in a package deal is not going to be enough to get a sale or an IPO. B+L has to get serious about consolidating the company into three fully functional efficient business units.
Right now the number of geographic locations and duplicate jobs throughout the company is kaotic and inefficient. Trying to make since of an organizational chart in this company would be a nightmare for a potential buyer.
employee X in rochester reports to manager Y in New Jersey who reports to Director W in California who reports to VP B in Tampa.
Also employee X works on Pharma, Surgical and Vision Care projects so employee X actually reports to manager Y in New Jersey, manager N in Rochester and manager D in St. louis.
No one is going to buy this ridiculous organization with reporting structures so confusing and inefficient that no one can focus on accomplishing any goals. The new buyer would have to spend so much time cleaning this organization up that it would take years to get it to be a functional company.
Right now the number of geographic locations and duplicate jobs throughout the company is kaotic and inefficient. Trying to make since of an organizational chart in this company would be a nightmare for a potential buyer.
employee X in rochester reports to manager Y in New Jersey who reports to Director W in California who reports to VP B in Tampa.
Also employee X works on Pharma, Surgical and Vision Care projects so employee X actually reports to manager Y in New Jersey, manager N in Rochester and manager D in St. louis.
No one is going to buy this ridiculous organization with reporting structures so confusing and inefficient that no one can focus on accomplishing any goals. The new buyer would have to spend so much time cleaning this organization up that it would take years to get it to be a functional company.