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  "documentTitle": "The Bank of New York Mellon (BK)",
  "authorId": "07_Marcato",
  "authorName": "Marcato Capital Management",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2015-03-01 00:00:00",
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  "notes": "Uses direct quotes from Glassdoor to build a case against current management culture.",
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      "text": "Employee feedback repeatedly emphasizes a culture of bureaucracy, lifetime employment, stifled creativity, out-of-touch leadership, lack of business integration and poor communication",
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      "text": "Modernize the culture, with compensation to match - lean, faster, and commercially intense. Employee feedback repeatedly emphasizes a culture of bureaucracy, lifetime employment, stifled creativity, out-of-touch leadership, lack of business integration and poor communication",
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      "kind": "quote",
      "text": "Almost no career opportunities, non-existent training, terrible technology infrastructure, and overly bureaucratic. The fact that there is actually a committee to oversee other committees that set internal policies kind of says it all. Unimaginative senior management that is always reacting to competition. Bloated middle management while underinvesting in products, services, and line employees that actually drive revenues. — Glassdoor",
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      "kind": "title",
      "text": "5. Culture of Effectiveness, Urgency and Accountability",
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