Earlier quoted context omitted.
London
How many times have you seen this salary?
OP did say ‘rates devs’ - guessing they mean contractors who are typically £550-600 per day which works out to around £130k p/a (before NI, taxes, etc).
How to Keep Your Company Alive – Observe, Orient, Decide and Act
71–80 of 80 posts
Re: How to Keep Your Company Alive – Observe, Orient, Decide and Act
#72Earlier quoted context omitted.
“We've had 10 years of frothiness in venture markets. Many employees under 30 don't even know what a downturn looks like. They're used to high pay, constant calls from recruiters, and venture capital flowing into their companies. Even the companies who flop, no big deal, just go down the street to the next company. I worry that that generation is going to have the most difficulty with these changes. They'll wonder wh…
We've been trying to hire since last year and have really struggled because rates devs have been looking for on the market are well above what we could see them returning value-wise for their experience level (that's just the nature of the market, I get it). When you have people getting £130k for doing React at a fintech company... well, I just hope people are prepared for the market changes that are underway. Honest…
I'm not on £130k but I'm in London and also doing some development aa part of my job. Most of the knowledge I gained over the last few years will be rendered useless in a few months from now because there will be hordes of 10 times more experienced desperate for jobs. So be it. I'll pull out my plumbing tools, I haven't used for years, and start providing different services. If that won't work,will have to figure out something else. This will be a massive readjustment for everybody..
Re: How to Keep Your Company Alive – Observe, Orient, Decide and Act
#73Unemployed Engineer here. I can also sew. Not sure what I should be doing. Should I make non government certified masks?
Re: How to Keep Your Company Alive – Observe, Orient, Decide and Act
#74Earlier quoted context omitted.
“If there's a big fall in salaries, there's also going to be a big fall in property values.“ I don’t think so. Rents will go up and housing ownership will be concentrated even more on wealthy people and big companies.
The destruction of AirBnB may push rents down. Hard to see how rent can go up beyond what people can actually afford?
I don't know about the national level, but within major cities where tech salaries and Airbnb are both prominent, I'm curious to see what happens to the local real estate markets. I know many people in Austin and SF who can afford their home because they A. have a large salary working in tech and B. offset their mortgage by Airbnbing.
Re: How to Keep Your Company Alive – Observe, Orient, Decide and Act
#75The title quote "observe, orient, decide, act" is called the OODA loop, and it turns out the OODA loop is significantly more valuable than the article lets on. https://en.wikipedia.org/wiki/OODA_loop The OODA loop was developed by military strategist John Boyd, to explain how to direct one's energies to defeat an adversary and survive. Boyd emphasized that "the loop" is actually a set of interacting loops that are to…
Am I the only one who reflexively eye-rolls when people in the startup world co-opt military jargon?
Re: How to Keep Your Company Alive – Observe, Orient, Decide and Act
#76[deleted]
Re: How to Keep Your Company Alive – Observe, Orient, Decide and Act
#77Earlier quoted context omitted.
For sure you can make good decisions based on the info available and still lose. You can also make bad decisions and still win. Sometimes decisions that seem vital are totally pointless etc. etc. etc.
...what? I think you completely missed the point of th OODA loop.
I understand the OODA loop thanks.
I was replying directly to your point that military historians found that some military commanders were making good decisions based on the info available even if they caused grand follys. I was pointing out that doesn’t really say much as most people try to make good decisions but won’t always be able to or won’t be making decisions that actually matter as external forces overwhelm no matter what decision is made.
The best laid plans of mice and men often go askew to paraphrase Burns.
Re: How to Keep Your Company Alive – Observe, Orient, Decide and Act
#78We've had 10 years of frothiness in venture markets. Many employees under 30 don't even know what a downturn looks like. They're used to high pay, constant calls from recruiters, and venture capital flowing into their companies. Even the companies who flop, no big deal, just go down the street to the next company. I worry that that generation is going to have the most difficulty with these changes. They'll wonder why…
You don’t need to worry about people under 30. Every older generation thinks every younger generation isn’t going to handle things well. And every single time, they are wrong.
Re: How to Keep Your Company Alive – Observe, Orient, Decide and Act
#79Unemployed Engineer here. I can also sew. Not sure what I should be doing. Should I make non government certified masks?
>Not sure what I should be doing.
Set up a schedule to modernize your skills and start applying to remote first companies.
>Should I make non government certified masks?
Yes, in the unscheduled time.
Re: How to Keep Your Company Alive – Observe, Orient, Decide and Act
#80Earlier quoted context omitted.
OODA is certainly overused but "Orient" is hardly a mystery or metaphor – Boyd described it as the continuous re-evaluation of your "Cultural Traditions", "Genetic Heritage", "Previous Experience", "Analysis/Synthesis", and "New Information", and explained each of those in detail.
This hasn't explained what "Orient" means at all, you've just piled new concepts that need explaining on top of it and said it's a summation of them.
"Orient" is a fancy work for "think" the obvious step between Observe and Decide
In computing it's
Input
Compute
Return
Effect (output controls device drivers)