Monday, 16 January 2012

Senior Managers Exiting CSC

News is reaching us of more and more managers (Presidents and Vice Presidents) leaving CSC  recently. Also the list of company officers, a significant role, have mysteriously changed.. Why would that be?
These seemingly arbitrary changes, which leave large gaps in the organisation, are rather like those that that happen in Banana Republics in South America where 'disappearing' people is common. Who is next? When are they next? If you are senior in CSC beware the late night knock on the door or phone call.
Meanwhile Laphen and co are comfortably riding out their tenure ready for the massive pay offs coming their way in a few months.

What is the plan for the staff, employees, and customers, and the investors? Who is running the place?

Watch this space for more news later this week.

By the way, this loss of senior people is nothing new in CSC. Read this post from 2010
http://cassandra-guidedinsights.blogspot.com/2010/11/senior-people-continue-to-exit.html

Earlier posts also mentioned that CSC lost over a short period the financial leads in every country in Europe. It seems extraordinary that there is such a high turnover, particularly in the back office finance functions. One wonders why that may be.

comment posted on WikiCSCleaks
Anonymous said...
Andy Williams marched out of the offices last friday...

His laptop not with forensics in the uk re the reporting issues

19 January 2012 08:40


Posted by Thenewsgroup

3 comments:

Anonymous said...

"Earlier posts also mentioned that CSC lost over a short period the financial leads in every country in Europe. It seems extraordinary that there is such a high turnover, partilularly in the back off icce finance functions. One wonders why that may be."

Simple answer is that the finance department is not viewed as a Strategic Function within CSC. High performers are not adequately compensated and year on year salary freezes result in the departures of highly skilled professionals in certain cases. In the company tends not backfill roles opting instead to do more with reduced staff numbers, which has created untenuous work life balance that cannot be maintained for long periods of time, which results in additional people leaving for greener pastures.

Anonymous said...

Re Previous Comment.

That is fair statement but the point the blog post is making is that finance leaders all left in a very short time frame.
While work life balance for all staff is an issue and if not right would lead to staff turnover, it is odd that so many senior finance people left. Almost unique. Why is this?

Anonymous said...

Re previous comments.

Why did so many Finance leaders leave in such a short time?

The "unique management style" of individual who was the European VP Finance from 2002.