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Agreed. To a large degree, Fortune 500s pandering to elitist Wall St analysts have allowed short-term thinking and both their own and analysts' vested interests to decrease their firms' long-term value. What is good for day traders is NOT good for either corps or America.
Agreed. To a large degree, Fortune 500s pandering to elitist Wall St analysts have allowed short-term thinking and both their own and analysts' vested interests to decrease their firms' long-term value. What is good for day traders is NOT good for either corps or America.
They don't teach this in business school, thus we're all ****ed
A middle-level manager who works for ACME Corp is faced with a rather thorny dilemma, as he's been told that he has to eliminate the "duplicity" in his department, which effectively means that he has to fire one of two employees that perform similar tasks in his office.
I think you need to look up the word duplicity. It means deceptiveness or saying one thing while doing another. I think you meant "duplication" or "redundancy."
Without a doubt fire Lisa. Bill's ethical responsibility is to the shareholders and to the fiscal well-being of the company.
Which is why he should get rid of Eddie, actually. Eddie will eventually alienate customers and employees alike, which will make the company lose business and have to spend money on turnover.
Public company's value is ONLY measured by stock price. That is why a company goes public. When a company goes public, their only responsibility is to their stockholders. If you want to help out single mothers, do charity work in your free time. Don't pull stockholders down because of your personal ideals.
SW has been a great company, but so was american airlines when it was a young company. There is a natural lifecycle in corporations, and southwest is still in early stages. A publicly traded company only has a responsibility to stockholders. If a company doesn't want to operate in that fashion, then it will not go public! This isn't an emotional issue, please leave your personal agendas at the door. This is a monetary issue, and one in which stockholder wealth is the only deciding factor.
Again - I am all for helping those in need (like Lisa), and I do that in my free time often. But helping the needy is NOT the point of a corporation. Take the money you earn from your job and help Lisa on your own. That is what I would do.
SWA has done really well for shareholders. Many of the early employees are millionaires due to stock options. 30 years ago SWA stock was 1/100 of where it is today.
I would hope looking back at the stock prices of companies in 2008, or 2001-2002, you would realize stock price doesn't equal value. The market is completely irrational.
Your situation is too simplistic. Many variable include what this position's impact on the business is, and how Eddie's bad attitude impacts other employees. If he's in a position to cause high turnover. There are quite a few employees and my job who I do not like, but none in positions that I work with enough to cause me to quit.
The funny thing about this is that I see it the completely opposite way from you. As someone who has been working for a number of years now, I have seen that Eddies don't change their personalities. Lisa's situation usually changes. The fact that Lisa can't stay late this month may change next month. Her personal problems are a temporary thing. Eddie being an ***** is a personality flaw that will not change.
Personality can absolutely be changed. The fact that you think it can't really worries me.
Quote:
Originally Posted by Yzette
Which is why he should get rid of Eddie, actually. Eddie will eventually alienate customers and employees alike, which will make the company lose business and have to spend money on turnover.
Churlish behavior is never a good investment.
Not necessarily. In my current job, Lisa would be seen as lazy. Eddie would be very respected for his attitude.
Again - that is why it all depends on what type of company they are in.
Take the top management consulting firms in the country - they accept people based purely on intellect (grades/test scores/their own entrance tests) regardless of personality. They take the first six months on the job to train these brilliant people on how to deal with others and how to have the right personality. Personality can easily be changed, and the fact that Eddie still acts the way he does speaks to the poor caliber of manager he has.
hnsq:"Take the top management consulting firms in the country - they accept people based purely on intellect (grades/test scores/their own entrance tests) regardless of personality. They take the first six months on the job to train these brilliant people on how to deal with others and how to have the right personality."
hnsq:"Take the top management consulting firms in the country - they accept people based purely on intellect (grades/test scores/their own entrance tests) regardless of personality. They take the first six months on the job to train these brilliant people on how to deal with others and how to have the right personality."
Sounds like the Third Reich.
wow, a Nazi reference. Real classy.
I guess PhD programs are like the third reich as well?
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