Pluspunten
While making long term investments in technology that already passed them by, they took a big slide in the wrong direction. Any other company would've sunk OR been acquired but not NetApp! They changed their strategic direction by working out those that were stuck in the past, knew that making small strategic investments in existing 'hot tech' AND building new and existing partnerships with ALL the major players across HCI, Cloud and any complimentary tech, would be a catalyst for change. Change resulted in new and continued Pros, like: Catapulted stock price Dividends Most competitive ESPP program in Tech world Realistic forecasting that drove the street to believe we can deliver ICP over 100% (with competitors getting little to NO bonuses in this macro environment) Continual work/life balance that in unsurpased Job satisfaction Stability Empowerment of employees in all functions at all levels The belief that the turnaround is just the beginning of unlimited potential
Minpunten
As all companies that go through a macro change: There will be some 'bad hires' in upper and lower management but again, everything is relative at a company of this size and our cultural has historically and continually worked out the bad seed. People that become complacent and scorned about being required to be more efficient with less resources. Again, part of the growing process. Risks that don't always pay off. People impact (RIF, Layoffs or whatever you like to call it). When the previous regime over-invests in the wrong direction, everyone pays for it. New leadership had no choice but to right the ship, reduce cost and increase efficiency. What we've been great at is our diligence to get great people back and forge ahead.