Xerox Continues to Fall Short of Wall Street Expectations
Xerox is suffering from “caretaker management,” which occurs when an older (and often successful) company is run by a management team that is content with the status quo and is risk averse. The lack of innovation coupled and the slowdown in Xerox’s one-dimensional business is evident in the company’s earnings surprise history.
6 replies (most recent on top)
Um, we are in hospice, my friend.
More like “undertakee” mgt… the patient is terminally ill and the undertaker lies in wait …
"So then, give us your suggestions for how Xerox can be more innovative and take greater risks?"
The opportunity for that has passed. A good acquisition around the ACS timeframe is what was needed, or, the merger with FX. Both failed due to incompetent senior teams who remain. Put a fork in it. Read the financials.
Current management doesn't know anything about the business, and this shows in the way they run the business.
i dont think they like status quo they just have no idea what to do. layoffs, AI then profit?
So then, give us your suggestions for how Xerox can be more innovative and take greater risks?