Poor investment decision making by the executive board has led the corporation into new, under performing market areas that has bled the company of cash. Technology leadership and plant re-investment in core businesses has suffered as the organization retrenches to improve cash flow and lower costs. Hyper focus on lowering SG&A metrics has drained the company of experienced technical and commercial leadership forcing the remaining middle management to compromise customer satisfaction, facility maintenance and equipment re-investment. Necessary facility shuttering of unprofitable plants has been executed without appropriate global customer interaction causing serious market share erosion that could have been avoided with better planning. It appears as if corporate management is moving quickly to cut costs and praying profits will spike in order to prop up the numbers for a company sale.
