Pros
Hire a CEO with the experience and gravitas to lead a global company
Cons
Since the management of the international (non US) business moved to Numerator, the company and its financials are falling off a cliff. Numerator in the US grew rapidly as a challenger by being cheaper and having better tech than the well established competitors. Worldpanel, on the other hand, has a business which had grown consecutively for more than 20 years by being better than the competition and therefore more expensive. Better trained people, better data, better analytics, better thought leadership and therefore market currency. The new CEO has moved to cut everything which made Worldpanel premium. Most of the talent has been fired or outsourced, zero training schemes, and telling us explicitly we should not have a point of view, as clients might disagree. Global teams have been disbanded, as the CEO thinks global is irrelevant, as he's only ever worked in one market and doesn't understand global organisations. In a short time one or more prestige global accounts will be lost as a result. This with the demand we should still put up prices and grow. There is a freeze on payrises, promotions and hiring (despite HR lying and saying this is not the case). The CEO has destroyed what was a fantastically successful company in record time by an "America First" attitude and complete lack of experience. Bain will have no idea what's going on under the hood, as the CEO is the only person who communicates with them, and no one in any position of seniority can challenge the CEO on anything, as they will be fired before they've finished their sentence.
