When I became CEO of Lumen in November 2022, we weren't an underdog.
Underdogs still have a chance. People root for them.
Lumen had already been written off. One industry publication described us as "a company seemingly on its deathbed." That had become the prevailing narrative on Wall Street, among industry analysts, and throughout much of the media.
The business question was obvious: could we stabilize the company and create value again?
But every turnaround is a people story before it’s a business story.
How do you breathe life into a workforce that feels destined to lose? When they’re not even sure they deserve to win?
There’s an upside to being left for dead.
Space.
Critics stop caring. Low expectations give you room to think, plan, and begin recreating value.
But the downside of being left for dead is what happens to the people inside the company.
Talented people leave. Meetings lose energy. Determination gives way to resignation. Not everywhere. Not all at once. But over time, losing becomes a self-fulfilling prophecy. It’s not because people stop caring, but because they stop believing they can change the outcome.
I thought we could turn the company around with our fiber network. I knew we could be an industry powerhouse by becoming critical infrastructure for AI.
But the team had to believe it. And the first step was just shooting to become an underdog again.