Saul is babbling like an id–t about the pandemic.
He is saying that he has learned nothing from the last three months and we're all going to be sneezing on each other as soon as possible.
I do not have confidence in my company's management.
The strategy is the strategy is an actual sentence that he just said.
Post ID: @8dkc+14wKnknd - Yes in the last meeting i attended on 4/17, Strategic Location is still in the works. The show Agile/Strategic Location show must go on.
I missed it, so they are doing a location strategy during a Pandemic?
The utter nonsense spouted by Saul is hilarious and tragic at the same time – this sort of "magical thinking" is no match for the reality of a pandemic.
If I were making SAul's comp, I'd parrot whatever my boss told too.
Okay, Saul isn't calling the shots, fine but he is the one hosting the AMAs.
The one last week was the biggest waste of time since I've been at Wells, I truly did not hear anything coherent or useful in 60 minutes.
Good posts here pointing out the Saul is not calling the shots: Location Strategy no doubt came from CEO and the Board. Saul is the "good soldier" who has to carry out the directive. He is the most visible leader for accountabililty, but Saul probably has little discretion or leeway to alter a strategy that is doomed, obsolete and no longer relevant.
But this being Wells Fargo, top leaderships and the board has not been agile; they have not been decisive or smart enough to re-calibrate and quickly respond to the new reality where a pandemic poses and will remain a considerable obstacle. Location strategy is just one of many issues that are sinking employee morale.
@1lwy+14wKnknd True That! "new hires like Kerrins are just cheerleaders" and all the one downs. The CTO is the biggest cheerleader of all, touting accomplishments that don't matter to the rest of technology who are struggling to keep the bank running during a pandemic. Not saying what CTO is doing isn't important for the future of the bank, it just shouldn't be on the forefront for the next few months.
Saul doesn't run the company – he's just an employee too. He has various constraints (budget, headcount, etc.) that he needs to work within and he has marching orders from Scharf, leadership committees, the board, etc. to answer to. If you think Saul is just sitting there calling all the shots on location strategy then think again.
I am not sure why many on here are so surprised. The technology leaders were given specific goals . Saul was never going to be the leader to get technology out of its tech debt. In many ways he is just mouthing the same plans Dillon did. His new hires like Kerrins are just cheerleaders, their one downs , many new are ill equipped to not only deal with the regulatory matters but also ill equipped as leaders in a pandemic. Anyone paying attention would have known that.
Many senior managers have left New York before the lock down to safer and remote vacation homes. They are not going to get the pain regular employee is going through. And frankly they won’t care until it hurt them. It’s sad to listen to the ask Anything. What’s the point to ask anything , if you won’t do anything. Saul, what’s so hard to say we need to put on hold of the strategy indefinitely until the world has dealt with the pandemic
Another rambling talk and I cannot still believe this is the guy who landed a top-notch executive job. Crisis reveals character = no character detected yet. Zero leadership skills. Given Saul the benefit of a doubt for the last time. I feel foolish, swindled and embarrazzed for misplacing any trust in this arrogant, tone-deaf and incompetent Clown. Check out his resume from last position at JP Morgan chase - https://managementscope.nl/manager/saul-van-beurden . Undergrad degree in Accounting? Give me a break.
Patronizing happy talk from an Exectutive who can afford the best doctors, the best healthcare, and also has the deep pockets to build and live in his own protected bubble. Got to keep morale up to keep the stock price up!
Delusional. The ramblings of a narcissist with grandiose delusions. Easy to double down on Locaton Strategy when you are playing with house money.
Saul's real message — "I am going to get through this just fine. The rest of you? Well, life is tough and you're on your own."
He’s an id–t. Plain and simple. I am embarrassed to be in his org. I’ve already found a new job and am leaving. F— em.
He gave health advice.
He predicted the future.
He just babbled and babbled on and on about the virus and the world and it was 60 minutes of pure nonsense.
This bank has embarassed me so many times over the last three years and it just doesn't stop.
Yeah, before someone scolds me, I'm looking for a new job.
Being in person is very helpful and even optimal for discussion of ideas, brainstorming, problem solving, etc. Actual development, implementation, the coding itself, is FAR from optimal in a group setting.
I couldn't bring myself to attend, but he's implying a doubling down on location strategy, etc? I fine with coming into an office, but I for damn sure will not be sharing space with anyone outside a cubicle for a long time.