1.0
Sep 7, 2020
Recommend
Business Outlook
Pros
Used to be a good company when it was part of ABB and wasn't yet seen as the ugly duckling. In the past years, things have progressively become worse.
Cons
Say-do ratio is close to zero. the company is too slow and bureaucratic to stay competitive in a difficult market such as the energy distribution one. Maybe Hitachi will get things back on track, but I doubt they will be fast enough in stopping the free fall. A good 80% of the people hired from outside ABB in the past 5-10 years, especially at management level and especially those who dared to bring in a new perspective, have already left Power Grids again - what does this tell you?