RE: More doom and gloom folks28 Apr 2024 02:03
Fleccy
It’s BT’s strategy, handed over from PJ predecessor.
PJ’s job is to execute the strategy as well as further develop and extend strategy , for hand over to a successor.
Developing further strategy is what requires imagination , innovation and entrepreneurship. The job of a CEO. PJ hasn’t done that. He has only executed the existing strategy and there has been nothing implemented to stifle the share price decline or progress the dividend as is the policy.
Managing directors and directors execute strategy and meet KPI’s.
CEOs should innovate those strategies. Not just work on existing ones handed over, and see the share price flatline. He was a mediocre CEO.