Controlant's CEO reflects about the status of the company
710 views • 9/4/2024
After going through 2 mass layoffs, Controlant's CEO reviews the status of the company and makes plans for how to fix it.
| 00:00 - 00:03 | There is a Pharma conference in Germany |
| 00:04 - 00:05 | All competitors will be there |
| 00:05 - 00:07 | We could book flight tickets to Berlin |
| 00:08 - 00:12 | We are thinking about sending someone there |
| 00:12 - 00:15 | and stay there for a couple of days |
| 00:17 - 00:19 | We can send Ranald |
| 00:19 - 00:21 | He is the best sales person we have |
| 00:24 - 00:26 | Gísli... |
| 00:27 - 00:28 | Ranald... |
| 00:31 - 00:33 | Ranald no longer works for us |
| 00:34 - 00:36 | And we laid off more than 200 people |
| 00:53 - 00:58 | Abandon this room all Directors, VPs, SVPs, and C-level |
| 01:13 - 01:15 | I'm making you responsible for this |
| 01:15 - 01:17 | Your performance was disappointing |
| 01:18 - 01:23 | If this downward trend continues I will need to start firing VPs as well |
| 01:25 - 01:28 | Think about those poor VPs and their families |
| 01:29 - 01:31 | They wouldn't survive |
| 01:31 - 01:34 | I only see a solution to this problem |
| 01:34 - 01:37 | We should fly everyone to Iceland |
| 01:37 - 01:40 | and organize a workshop to find solutions |
| 01:40 - 01:42 | But Gísli we need to go back to work |
| 01:42 - 01:46 | You will not know how to work unless we organize a workshop |
| 01:46 - 01:48 | Gísli we are spending too much money |
| 01:48 - 01:52 | Pfizer will give us all the money we need |
| 01:53 - 01:54 | We are heroes! |
| 01:56 - 01:57 | We are shipping their vaccines |
| 01:57 - 02:00 | Shipping them all over the world |
| 02:00 - 02:03 | and there is nothing that could fail |
| 02:04 - 02:08 | Our devices are perfect machines |
| 02:08 - 02:13 | Despite having many sensors and low connection we never have missing data |
| 02:14 - 02:16 | And yet the revenue does not increase |
| 02:17 - 02:21 | We will remove AHA for lunch, no more Hopp, and replace Coke with Pepsi |
| 02:27 - 02:29 | What did we do to deserve this? |
| 02:30 - 02:34 | We had a workshop, and a LOV week |
| 02:34 - 02:36 | We hired extra VPs and HR people |
| 02:41 - 02:42 | Fine, let's find a way |
| 02:43 - 02:47 | Hire a VP from Denmark and fly him every week |
| 02:48 - 02:53 | Hire another VP from Meniga and organize a workshop |
| 02:54 - 02:56 | Let's get rid of Customer Success |
| 02:56 - 02:59 | or Implementation Managers or whatever they are called now |
| 03:00 - 03:02 | The Christmas Party is cancelled |
| 03:04 - 03:07 | Don't worry we will have a free day off |
| 03:14 - 03:16 | Sometimes I wonder if I did something wrong |
| 03:19 - 03:23 | If maybe I shouldn't have bet everything on COVID |
| 03:25 - 03:26 | and Pfizer |
| 03:31 - 03:33 | Maybe make MARS more efficient |
| 03:40 - 03:46 | instead of hiring more people and paying overtime even during Christmas |
| 03:46 - 03:49 | But then it's clear to me what the solution is |
| 03:53 - 03:56 | We need more VPs |
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