Thread regarding PepsiCo Inc. (Pepsi) layoffs

Pepsi: Where Consultants Transform Money into PowerPoints

R & A have apparently perfectd the art of transformation: hire McKinsey to define the strategy, Accenture to execute it, and an army of employees to create PPTs explaining why nothing has changed.

Got a few simple questions:

  • How much was spent on consultants, and what measurable ROI was delivered?
  • Are consulting contracts awarded based on performance or relationships?
  • What has S&T actually transformed besides org charts, meetings, and headcount?
  • Why are employees held accountable for cost savings while consultants and executives seem untouchable?

Perhaps Pepsi's next transformation should involve fewer consultants... Maybe fewer slides, and some actual accountability LOL.

The only thing being successfully transformed appears to be shareholder money into consulting revenue.


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| 11 views | | 3 replies (last 22 days ago) | Reply
Post ID: @OP+1m5bds8e5

3 replies (most recent on top)

Not just consultants. Just look at how many internal management is rolling in ppts.

Fire most of Sr. directors, VOs and SVPs in R&D, Marketing, S&T and all IT) that should save $100 million on G&A and another $200 million in their useless projects). Save the factories, and warehouses that actually produce to grow tooling and help bottom line.

R&D that don’t do much R&D, most of new innovation (relatively good ones are all through acquisition) like Sun Chips, Stacy’s, Popped chips Sabra,… or on beverages like Izze, Na--d, .)

Every year they spend a lot compared to factories, and operations who actually produce.

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Post ID: @gn+1m5bds8e5

McKinsey.. remind me . Were they not sued and had to drop their pants to settle for the lies and morphing lies into fake truth.. lovely to bring guys who doped public in opi--ds to churn a fake report.

AK how her PhD in economics yet cannot understand basic micromacro economics of our business. Useless podcaster who needs to have been thrown out. The wastage she and entire ai is costing us with zilch in return

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Post ID: @a7+1m5bds8e5

Lack of accountability from the folks who are paid the most money and the micromanagement in S&T is crippling, don’t even talk about the AOP process. Imagine AK has A doctorate in some type of economics studies and runs the most inefficient AOP process possible. Single-handedly wastes multiple hours of Director level and upwards hours Q1 to Q4, and it’s still never right. Constant changing, multiple versions of spreadsheets, no one source of truth, as archaic as a system gets and these are the people supposedly running Strategy and Transformation of PepsiCo. A complete clown show, emails and meetings, oh yes and the sacred ppts that make or break careers now. PepsiCo is broken, the rot is to the core. But hey, these are the same jokers who get to lay off workers for years on end and keep their fat cat compensation. AK talks with pride about how people give up their nights and weekends to essentially make her look good, it’s repulsive. I wonder how many of these consultants could build a successful company from the ground up?

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Post ID: @a5+1m5bds8e5

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