http://www.pharmalot.com/2007/08/cornelius-confidential-firings-and-silo-busters/ News, Comment and Conversation Fri, 10 Feb 2012 20:54:22 +0000 http://wordpress.org/?v=2.6.2 http://www.pharmalot.com/2007/08/cornelius-confidential-firings-and-silo-busters/#comment-17606 Pharma News 8_24 « Impactiviti blog Fri, 24 Aug 2007 11:34:50 +0000 http://www.pharmalot.com/2007/08/cornelius-confidential-firings-and-silo-busters/#comment-17606 [...] Eye-opening letter from Jim Cornelius, CEO of BMS, to employees, addressing an upcoming need to reorganize (read: downsize). It’s an interesting one, actually. There is a bit of corporate-speak, as in these phrases: “…as part of resetting our cost base, there would need to be headcount reductions in some parts of the company…The changes we are considering center around the transformation of our model to execute our strategy…Your compliance and integrity will be vital as, moving forward with our productivity transformation, we will empower decision-making at the appropriate levels throughout the company.” But, to be fair, other parts of the letter are pretty plain and straightforward…for a CEO. [...] [...] Eye-opening letter from Jim Cornelius, CEO of BMS, to employees, addressing an upcoming need to reorganize (read: downsize). It’s an interesting one, actually. There is a bit of corporate-speak, as in these phrases: “…as part of resetting our cost base, there would need to be headcount reductions in some parts of the company…The changes we are considering center around the transformation of our model to execute our strategy…Your compliance and integrity will be vital as, moving forward with our productivity transformation, we will empower decision-making at the appropriate levels throughout the company.” But, to be fair, other parts of the letter are pretty plain and straightforward…for a CEO. [...]

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