In this case, the downside to saving money by laying off expensive experience is clear. Unfortunately, the downsides are rarely clear before the upsides, and by the time the mistake is obvious, returning to the previous state is difficult, and an incentive has been created for short term savings at the expense of long term ones. By way of example, several years ago I sold tools at Sears. Sears had spent decades build…
"The carpets are so clean, we don't need janitors"
71–80 of 119 posts
Re: "The carpets are so clean, we don't need janitors"
#72Executives are day traders. I've known day traders to argue that they make more money trading in the first and last 30 minutes of the day than they do if they're trading all day, because they end up getting involved in "boredom trading" that is break-even at best (and blows out their variance) and quite possibly losing. As for executives, they're disciplined, they can enjoy their easy jobs and high compensation and a…
Unfortunately, they're rarely content to work 2 hours per day at their cushy jobs. These are not the characteristics of executives at successful companies. Have you ever started a successful business? If so, did you work two hours per day? I doubt many YC founders would see themselves in this assessment.
Re: "The carpets are so clean, we don't need janitors"
#73In this case, the downside to saving money by laying off expensive experience is clear. Unfortunately, the downsides are rarely clear before the upsides, and by the time the mistake is obvious, returning to the previous state is difficult, and an incentive has been created for short term savings at the expense of long term ones. By way of example, several years ago I sold tools at Sears. Sears had spent decades build…
The general heuristic of pointing out information asymmetries even when they seem obvious is a good one. In fact I'd say my experience has been that most people could benefit by explicitly saying more obvious things. The reason people don't is for fear of looking bad.
Re: "The carpets are so clean, we don't need janitors"
#74Earlier quoted context omitted.
> For all we know, it was a company with 5 non-IT employees, and a staff of 50 IT people who flipped a coin once a day to decide which of 1 of them was going to work that day. You're right on that, we don't have any idea about the total size of the department or the total size of the company as a whole. So, I'll grant you that there might have been some room for cuts in the department but, that really doesn't matter…
I am making what I would consider educated guess on the scale of the organization and the impact of the changes. WHAT?! You're making a guess based on what? THERE WERE NO DETAILS. It's impossible for that to be an educated guess.
I didn't write that, but it's clear to me that they're basing it on the results.
Re: "The carpets are so clean, we don't need janitors"
#75Re: "The carpets are so clean, we don't need janitors"
#76Earlier quoted context omitted.
I had a micromanager who hit everyone with 3 to 4 status pings per day. Even on work-from-home days, which defeats the point. His status pinging was a compulsion like email checking, but it eventually caused the team to fail. Consequently, I hate status meetings and standups and the various so-called Scr(ot)um tactics used to make people feel watched. I realize they're probably necessary as an occasional annoyance, b…
I'm not really sure how you're implementing scrum. Our scrum standups are always just the programmers, once a day in the mornings, and are used to keep all the programmers on the same page and talk to each other to find out if features might have a codependency, or if other blockers can be solved by something else another dev is working on. There's no "watching" of people or "intimidation". You might want to speak to…
Re: "The carpets are so clean, we don't need janitors"
#77Earlier quoted context omitted.
I am making what I would consider educated guess on the scale of the organization and the impact of the changes. WHAT?! You're making a guess based on what? THERE WERE NO DETAILS. It's impossible for that to be an educated guess.
> You're making a guess based on what? I didn't write that, but it's clear to me that they're basing it on the results.
Re: "The carpets are so clean, we don't need janitors"
#78Earlier quoted context omitted.
I had a micromanager who hit everyone with 3 to 4 status pings per day. Even on work-from-home days, which defeats the point. His status pinging was a compulsion like email checking, but it eventually caused the team to fail. Consequently, I hate status meetings and standups and the various so-called Scr(ot)um tactics used to make people feel watched. I realize they're probably necessary as an occasional annoyance, b…
I'm not really sure how you're implementing scrum. Our scrum standups are always just the programmers, once a day in the mornings, and are used to keep all the programmers on the same page and talk to each other to find out if features might have a codependency, or if other blockers can be solved by something else another dev is working on. There's no "watching" of people or "intimidation". You might want to speak to…
Can you really say they are worth it?
Re: "The carpets are so clean, we don't need janitors"
#79It sounds to me (and I know this won't be a popular opinion here) that the original IT department was overstaffed. A printer never out of paper? No projector ever found with a dead bulb? Much like there being a "healthy" amount of unemployment (~3%, I recall?), there's a healthy amount of smaller items not met. It sounds like the company was overpaying for IT.
Re: "The carpets are so clean, we don't need janitors"
#80Earlier quoted context omitted.
It's not that. Good executives are worth far more than the compensation that they get; but as a class, their net impact is neutral at best and probably negative. As with stock traders (where a lot of them just lose money) most of them aren't very competent. That doesn't invalidate every single one of them or what they're trying to do. It's the CEO-pay debate all over again. No one who actually understands large compa…
I see 2 flaws in an otherwise fine argument. 1/ I don't think anyone is worth 10 million/year no matter how "good" they are. I sure believe a good CEO should be paid adequately but those are just ridiculous amounts, and the CEO is only one part of the puzzle, even if important. As a CEO its hard to screw up (even thus many do), its hard to be very good, but its easy to be in the middle. Like most jobs in fact. 2/Work…
That's the idea behind high executive compensation. I agree, it very rarely works out quite that way IRL, but lots of people are quite attached to this fantasy.