71–80 of 107 posts
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Do you actually find it funny? This is the same joke that's repeated over and over. I can't imagine enjoying it the 500th time. It's more of just a veil for certain beliefs.
I don't think people actually expect humor, so much as "I find something in this comic strip that I recognize as similar to something I've encountered elsewhere."
Scott Adams almost getting it.
My reaction was, I wonder who writes Dilbert these days, because it doesn't seem like it's Scott Adams.
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the "MBA Playbook". You would think those MBA courses that instruct on how to do this would also include the downside. Maybe they do and people make the moral choice not to care as they plan on being long gone before the failures? Maybe they teach that bit too? Sorry for more questions and answers as I have NOT done an MBA myself.
There is definitely a problem with MBAs who come in to companies and obsess about one or two statistics or numbers and reorder the business to maximize/minimize some metric but it destroys the business in the process. Another example is the Sears CEO Eddie Lampert. It's a shame because Morton Salt sounds like it was irreparably harmed which is a huge cost for a lot of people (jobs and profits lost) but the CEO at wor…
There's a reason that company's layoffs usually affect those with the least time there, because its the least harmful strategy. Surprised that fact isn't part of the MBA curriculum.
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It's called "survivorship bias", and it's not just for people who "roll out of bed and get a life-long career." It applies equally well to pretty much everyone, including ultra-successful company founders. "Hey, if I can do it, anyone can do it, and the ones who don't are obviously just not willing to work hard enough or take enough risks."
It's not called "survivorship bias." That's a term for looking at, e.g. mutual funds' 5-year records, where the only ones you see are the ones who've been around for 5 years, and not the ones that failed. Company "loyalty" is sometimes a valid concept, but the probability goes down the bigger the company gets.
> They work forever at one place, maybe survive a few layoffs [emphasis added]
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Do you actually find it funny? This is the same joke that's repeated over and over. I can't imagine enjoying it the 500th time. It's more of just a veil for certain beliefs.
I personally find it funny at face-value but the joke does get ruined for me because, as you say, it's just a veil for certain beliefs. I used to enjoy a lot more of Aronson's work until I realized he was just strawmanning the views he disagreed with. I had previously thought it was just good-natured ribbing. For an actual funny (and not so "blah blah SJWs ruining everything") version of this joke, the tv show Atlant…
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My late father worked for Morton Salt for close to forty years. Then Morton got a new 38 year old CEO and he wanted to shake up the company. He figured out that the employees over 55 years old tended to be the highest paid and if he got rid of all of them it would goose profits and he'd be a hero to Wall Street so he did it. For a quarter or two it worked and then the company descended into a death spiral and he was…
the "MBA Playbook". You would think those MBA courses that instruct on how to do this would also include the downside. Maybe they do and people make the moral choice not to care as they plan on being long gone before the failures? Maybe they teach that bit too? Sorry for more questions and answers as I have NOT done an MBA myself.
I don’t care about getting management position. Soot someone with MBA replies in the thread I might save some money.
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What does it mean to be "loyal to" a company or employee, though? Maybe I'm just overly cold and "literal", but an employment agreement is just that: an agreement to exchange value for value. In general, I loathe the idea of an agreement that I can't renegotiate. Do I owe my employer something? Yes, to the extent that it is agreed upon contractually. Does my employer owe me something? Same deal. I just don't understa…
When I worked for a regional water company, we were setup as a non-profit with a very old-school feel. Everything from dress codes and PTO to IBM mainframes. “We’re like a family” was the motto and that was true, in the same way you have that dirt bag uncle and drama queen aunt that you invite to all the functions because they’re blood, we had the “he’s three years from retirement so we can’t get rid of them” relatio…
Earlier quoted context omitted.
It's not called "survivorship bias." That's a term for looking at, e.g. mutual funds' 5-year records, where the only ones you see are the ones who've been around for 5 years, and not the ones that failed. Company "loyalty" is sometimes a valid concept, but the probability goes down the bigger the company gets.
As described, it is literally survivorship bias: > They work forever at one place, maybe survive a few layoffs [emphasis added]
I think you need to look the term up if you want to use it correctly. It's about statistical sampling, not about generalizing from one or two examples.
https://en.wikipedia.org/wiki/Survivorship_bias
it does not merely refer to people who've survived at something.
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Earlier quoted context omitted.
When I worked for a regional water company, we were setup as a non-profit with a very old-school feel. Everything from dress codes and PTO to IBM mainframes. “We’re like a family” was the motto and that was true, in the same way you have that dirt bag uncle and drama queen aunt that you invite to all the functions because they’re blood, we had the “he’s three years from retirement so we can’t get rid of them” relatio…
Reads like a clear waste of taxpayer dollars, not beautiful to me in the slightest.
You could say that's inefficient and it is, but given what pathetically little the civil service can offer you, "job security" really needs to be part of it.