There is a lot of talk going on for Kevin Bandy 7 Monetization model as if it is going to bring in new revenue for Cisco. As it is the salvation Cisco needed. It is something adpated from an useless model McKinsey has been distributing to many companies like Citrix, HPE, NetApp in Silicon Valley area. See how McKinsey makes money once they enter an account? .
Anyway, I support the team from Finance side on a daily basis that is doing the dirty work for Kevin Bandy. That team itself does not believe it is anything new as it is another slice and dice the existing revenue of Cisco. In fact the team had created a similar 4 model revenue view three years back and when Chuck got his Bandy from nowhere, he did not like and thought 7 would be better. Hence the entire finance team is burdened to do his dirty work as it mostly faulty allocation of revenues between HW and SW.
But our CFO is another idiot, So is the person from P&G who is managing the BU finances. I am in BU finance, but when I see these leaders how they are tricked by Bandy is nonsense, I tend to ask i got to get out of this as soon as possible. Bunch of mediocre finance folks just feeding Bandy's ego without questioning Bandy's work who does not even know the difference between the 7 monetization model he is proposing himself. Kevin Bandy had some issues with the SW SVP. He is just creating some additional work for his team to show Chuck that he is adding value.
But everybody in finance knows what nonsense he is up.to. But who cares. Execs do that and we get paid to do whatever they need. Many exes will come and go and they will have their ideas. We in finance need to support their idiocy for the pay check to come in. Kevin will last may be another year or two at Cisco. We know what happened to Biri.