Nanomachines son said:
Rascal said:
Been a fun thread to read.
Many of the points I've seen posted underscore what I have found to be the biggest problem ultimately which is bad management, bad leadership, bad decisions all around.
Put another way, bad alignment or allocation of resources.
Truthfully, most companies should operate in a pure franchise model where smaller, more mobile, more agile business units are built and managed (and held individually accountable), but instead there is the "central command" effect or the cookie cutter approach. Some of that is good in terms of having a centralized place for acquiring and consolidating resources and operating tools, but when it comes to actual execution, you really should delegate to your smaller business units and let your smart people operate.
And, too many times the structure is way off and misaligned (top heavy) where you have way too many VP's and SVPs and not enough actual operators or front line folks to get the job done; too many cooks in the kitchen.
I've often likened this phenomenon to if a football team had 3 QB's, 5 WRs (no running backs) and only 3 offensive lineman out there running plays. It just functionally wouldn't work.
The VP thing happens because companies refuse to pay for technically competent workers in lower positions so the only way to get more money is to move up. The way to create more efficiency and correct these problems is to pay your technical experts a lot so they aren't constantly trying to move up such that you end up very too heavy.
I have never understood why companies don't do this. A technical expert is far more important to a company than some random VP yet the random VP is paid like 3x+ what the technical expert is paid.
Totally agree.
For example, I've been a top performer in sales/business development for years and where I have experienced discontent or friction is simply based on not getting the reasonable or marginal asks I made to keep me happy and not tied to asking to be promoted.
In other words, instead of maybe giving me the standard 2-4% annual merit increase, give me something more substantial or even a longer term employment contract that says I will get an annual increase of something closer to like 7%. I actually had one of those at one of my earlier jobs and it was great because I felt truly valued. I was innately going to highly perform anyway so there was no disincentive that I would just coast along and collect my paycheck- it was the opposite.
I'm not asking for my bosses job or giving the illusion that "I will be EVP or CEO one day". Just looking for something that beats annual inflation.
So instead of continuing to invest in me, a top performer, the companies risked losing me and having to replace me when all I was asking for was a marginal increase in pay in the grand scheme of things. I suspect a majority of other workers in all industries would feel similar.