34 | Reinventing Xerox with Greg Stein (Head of M&A and Strategy at Xerox)

Greg Stein is the head of M&A and Strategy at Xerox, and he joins the show to discuss how Xerox’s Project Reinvention addresses operational simplification and repositioning for growth.In this episode of Good Revenue, host Neeta Bidwai and Greg cover:How the initiative is driven by challenges like COVID-19 impacts, supply chain disruptions, and the shift to hybrid work.The transition towards a service-led, software-enabled business model.The focus is on digital services and IT solutions while moving away from non-core assets through strategic divestments and partnerships.Insights on the challenges and strategies involved in refocusing a major public company.Importance of a strong internal culture, long-term vision, and innovative partnerships to drive transformation.Greg also touches on the complexities of divestments, the role of mergers and acquisitions, and the future direction for Xerox in meeting the evolving workplace needs._Where to find Greg:https://www.linkedin.com/in/gregory-stein/Where to find Neeta:https://www.linkedin.com/in/neetabidwai/Where to find Good Revenue:https://goodrevenue.io/goodrevenuehttps://www.youtube.com/channel/UCHrhuWbpYnUwrR75H2Ip4yQ_Highlights:00:00 Introduction and Guest Welcome00:34 Overview of Project Reinvention01:35 Simplifying Xerox's Operating Model02:15 Geographic and Offering Presence Review02:37 Repositioning for Growth04:04 Challenges and Vision for the Future04:30 Differences in Project Reinvention05:29 Considering Going Private06:22 End State Vision for Xerox09:16 Strategic Refocusing and M&A12:32 Divestments and Employee Considerations17:04 Partnerships and Future Strategy19:35 Advice for CEOs and Executives21:55 High Performance Companies23:16 Conclusion and Farewell_Referenced:• Xerox: https://www.xerox.com/en-us FOLLOW GOOD REVENUE ON YOUTUBE! Or wherever you get your podcasts:YouTube: https://www.youtube.com/channel/UCHrhuWbpYnUwrR75H2Ip4yQ Spotify: https://open.spotify.com/show/44me6PABSQ0k0GfphM70auApple Podcast: https://podcasts.apple.com/us/podcast/good-revenue/id1707461473 Web: https://goodrevenue.io/ Hosted on Acast. See acast.com/privacy for more information.