- Math and biochem degree from UCLA
- MBA from UCLA
- 30 years - legacy Hughes
- RTSC is a services company: competes primarily on affordability
- Analysis of win/loss bids: didn't get involved soon enough, too expensive, great proposals
- Need for growth, growth signifies healthy company, growth pleases the street, etc.
- Plan for 2006: reposition for growth, little growth forecasted for this year while RTSC focuses on protection of current markets, strategic pursuit of adjacent markets, analysis of what to offer to untapped markets, and flawless execution
- Championing mission support throughout RTN
- RTN doesn't make platforms but makes them smart
Dave Letts:
- BMW: we are assessing their global training
- Defense Training Review for MOD-UK: will need to train 200 developers
- Midas: developed our own technician training that we are selling to Midas for a fee
- ASTD awards: we submitted GM's assessment program
- RTSC gives us access to military market
- Horizontal strategy - everything related to training (development, administration) - instead of vertical strategy - all development or all administration
- Growth in training administration
Q & A:
- My question, "Why is RTSC an Limited Liability Company?" was sloughed to Laura Miller and Greg Dykes: for tax purposes, for legal protection - no mention of lack of RTN support, different compensation/ benefits structure
- Maintain RPS brand? for time being BUT it is RAYTHEON that is the brand, not RPS
- Planted questions from Jeff and Ray: how to integrate with RTSC? - have been in our own "little corner of corporate"; now part of larger business - more discipline, more reporting, asked to do things that you were not asked to do before
- Called out Maria Taylor by name: worked on CFM initiative together
- Business model: level of service and affordability
- Her first reaction: need more integration, more oversight
Thoughts:
- We have been acquired and everything that that entails
- There are 700 RPS employees; there are 10000 RTSC employees. If she sticks to her timeline, she has less than one year to reposition RTSC with this new RPS baggage for growth. Not enough time to integrate us carefully so we either get sold OR we get cut back, diluted, and starved. ON THE OTHER HAND, we could become a handy excuse for not making projections in 2006.
- The incessant talk about affordability and monitoring - code words for consolidation and elimination of duplications
Other people:
- Greg Luckock: looks like a junior Sam Alito; working the development and technology space (what will Phil Schiedhauer do?)
- Frank Fedorovich: blond streaks - rainmaker I think
- Laura Miller: RTSC HR
- John Clemmons: African-American RTSC Communications
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