How To Waste Hundreds of Millions on Your IT Transformation
You’re a few years into your tenure as CEO of a Vandelay Industries, a behemoth in the Transpondsting space that’s existed for many decades.
You could really use the share price to go up soon so you can and sell your shares at the optimal point before fortune’s wheel turns and the board inevitably get rid of you.
You’re tired of Vandelay, and want to move to a better CEO job or maybe a nice juicy Chairmanship of another behemoth board before the share price drops.
What happens to Vandelay after you’re gone is not your problem. In fact, as you are likely to go and work for a rival corporation, it might even be better if things were worse at Vandelay once you’ve sold your shares than better.
Why? Wall Street will love it. They love macho ‘transformations’. By sheer executive fiat Things Will Change, for sure.
The fact that virtually no analyst or serious buyer of stocks has the first idea of what’s involved in such a transformation is irrelevant. They will lap it up.
