#ValueCheck: — Indeed, beside #XMPie I don‘t know a single current product or service of #Xerox which is unique in the sense of real innovation. And the situation of some leading European country organizations is a disaster, specially in my home country Germany. — Tough analysis by shareholder Carl #Icahn: ”Despite our efforts, the “old guard” directors still remarkably defend a CEO that is incapable of (1) introducing new products that do more than play catch-up to competitors and (2) acknowledging that cost-cutting alone, particularly in sales, marketing, R&D and customer service, is not a formula for changing the current alarming revenue trajectory of “mid-single digit” year-over-year percentage decreases. Perhaps their defense is not so remarkable given that Jacobson himself is part of the old guard, having served as an executive at Xerox since 2012.“
It's not only shareholders value. Also customers demanding new ideas and thoughts. I asked Jeff the same almost a year ago.
Chris Jordan
6y
After acquiring ACS Xerox did not invest in the "old Xerox". Either office or production, and the competition did. Now with significant change due to inkjet development and the growth in super wide, industrial print, packaging and 3D the fight has moved on. Suppliers will now have to be quick to adapt their organisations to the new technology and world, which is very tough for all concerned.
🚨 alarming !!!
An alarming situation or just get back to holiday modus?;-)
Chairman | CEO | Knowledge Worker | Print Lover
6yIn any case It's not by chance. Just found that Image... #transformation