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Meltdown CEOs
Inside CEOs extreme opposition to remote work
Layoff announcements tend to get on my nerves. More often than not layoffs are a direct result of either corporate over reach, executive incompetence or a bit of both. When things go sour, the executives who made those decisions hold on to their jobs, or get golden parachutes to land, while the ones who are closer to the bottom of the corporate pyramid get fired.
It is common practice to hear the often repeated strategic advice that companies need to regularly weed out poor performers.
Interesting….
The CEO who created a system that bred underperformers should be the first one to go. But corporations are used to treating the symptoms, not the root cause.
Instead of pushing the executives to continuously improve the brand that evokes competition at the recruitment end and build a system that is so beneficial for the employees that they find it extremely hard to think of joining another company, we have created a system that prioritizes annual earnings per share.
Be greedy, Wall Street. Prioritize 5 year earnings over 1 year earnings and 10 year earnings over 5 year earnings.
We cannot be satisfied with CEOs who claim that they want to continuously improve the value of their product such that…
