Can CA Clean Up?In the wake of former CA CEO Sanjay Kumar's guilty plea to accounting fraud charges, Lawrence Walsh is blogging about his own Kumar mistake over on Tidal Waves: "One of the biggest blunders I've ever made was putting Kumar on the cover of my last magazine... for a while, it looked as though he was driving CA in the right direction. Little did we know that he was a part of a $2.2 billion accounting fraud scheme." It's been clear for years, though, that something was wrong at CA (then Computer Associates). Before I came to CMP Media, I worked at a community newspaper here on Long Island, not far from CA's vast headquarters overlooking the Long Island Expressway. I knew nothing about the channel, or Computer Associates, but some of my colleagues had worked at CA, and they had nothing good to say about it. It was the sort of place, they reported, where employees were treated terribly, and constantly monitored, from their use of supplies to the lengths of their bathroom breaks, and where suddent termination was a standard management strategy. That view was reinforced when, more recently, the company drew sharp criticism from an incident where a just-laid-off employee was escorted off the property--and forbidden from returning to pick up her child from the day care center. Is it a surprise that this poisonous culture produced criminal results? Let's hope new CEO John Swainson can turn things around--a functional CA is good for Long Island, and good for the channel. Posted by Joe Caponi at 12:03 PM, April 26, 2006 This is a public forum. United Business Media and its affiliates are not responsible for and do not control what is posted herein. United Business Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers. Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of United Business Media LLC and may be edited and republished in print or electronic format as outlined in United Business Media's Terms of Service. Important Note: This comment area is NOT intended for commercial messages or solicitations of business. |
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