Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

OverpAId – Fire your CEO. Hire the future

overpaid.lol

Post reply on HN
Print view View original

301–310 of 395 posts

Re: OverpAId – Fire your CEO. Hire the future

#301

Post by Trasmatta »

conductr wrote: post #246
tonic_note wrote: post #204

Good satire. I find the "RTO is because of RE valuations" to be the most bizarre thing about the post pandemic work discourse. Office leases are a rounding error to large employers. They are not coercing employees back to the office because their worried about the value of a single portfolio asset falling (assuming they even own it). They are doing it because it's about power. Middle managers do not trust their staff…

I’ve been on Csuite of 3 orgs since the pandemic forced wfh normalization. Your correct the RE thing has always been a false narrative. I’ve never seen or read of it coming from an executive. To my knowledge, it was dreamt up by pundits, speculators, and is just a lazy attempt to understand what goes on in boardrooms driving these decisions. What I have witnessed, with empirical evidence, is that productivity and/or…

> Even if some people will be less productive, the organization as a whole will function better

This is what the execs might THINK but it's not actually based in real evidence. RTO does not make organizations function better. Execs are gaslighting themselves into believing that RTO makes the org function better, but it's an illusion.

Re: OverpAId – Fire your CEO. Hire the future

#302

Post by conductr »

notfromhere wrote: post #266
conductr wrote: post #246

Earlier quoted context omitted.

I’ve been on Csuite of 3 orgs since the pandemic forced wfh normalization. Your correct the RE thing has always been a false narrative. I’ve never seen or read of it coming from an executive. To my knowledge, it was dreamt up by pundits, speculators, and is just a lazy attempt to understand what goes on in boardrooms driving these decisions. What I have witnessed, with empirical evidence, is that productivity and/or…

output only slows down because companies don't want to adjust how they work. its a complete skill issue if you cant manage a remote org. if a company/team is already spread out across multiple offices, its a remote org

There’s truth here. They don’t want to. It’s easier and more tried and true to just go back to what worked before wfh. Even multiple offices face some challenges working together. Always have. But usually there’s some systematic way of organizing the offices so most the function is together. As example, I’m a CFO and usually have my key teams (various teams of accounting and finance functions) in the same office. 90% of their work/communication/collaboration is amongst themselves. Being together does help.

Re: OverpAId – Fire your CEO. Hire the future

#303

Post by raincom »

darth_avocado wrote: post #272
bob1029 wrote: post #234

I have learned that the purpose of a CEO in many (most?) companies is not to actually run the company. Their purpose is to be the human delegate that represents the corporate entity. They are empowered to act on behalf of the entire organization. This is important because a corporation of many individuals generally cannot act as one. You can sometimes get close with really, really good teamwork, but that's still not…

So when the corporations do something illegal why doesn’t this conduit go to jail or pay out of pocket for misconduct? Or is the said conduit only in play for all the convenient aspects of the job like firing people while taking millions in bonuses?

If a business is a two person shop, it is very easy to prove the culpability of a CEO. However, in a large corporation, it is very hard to prove the culpability of a CEO, as too many people are involved. That's why you see small business owners are easier to prosecute than CEOs of larger corporations.

Re: OverpAId – Fire your CEO. Hire the future

#305

Post by antasvara »

dd8601fn wrote: post #214
antasvara wrote: post #174

Earlier quoted context omitted.

> a "good" CEO is just one that keeps their hands off the levers of power, doesn't rock the boat or fuck anything up, and quietly lets a good company perform How can you tell if a company is good? Because trillions of dollars are spent by banks, private equity, hedge funds, and others truing to figure out if a company is "good." > By that measure, you might as well save yourself the executive compensation and potenti…

Nah. We know what good looks like in financial results and reputation. It's really not that complicated. The rest of that bullshit isn't about evaluating a working company, it's about gamblers gambling on non-companies before they become real companies.

Sure, a college student can tell you if a company is making or losing money. But there are ample examples of "good" companies crashing because they didn't react to shifts in the market, which requires projecting into the future.

Blockbuster was good until it wasn't. Sears was good until it wasn't. Barnes and Noble was good, then it fell apart, and now it's good again. The lesson to learn is that by the time your financials say things are taking a turn, you're a year to multiple years late to start fixing the problem.

Re: OverpAId – Fire your CEO. Hire the future

#306

Post by conductr »

karagenit wrote: post #265
conductr wrote: post #246

Earlier quoted context omitted.

I’ve been on Csuite of 3 orgs since the pandemic forced wfh normalization. Your correct the RE thing has always been a false narrative. I’ve never seen or read of it coming from an executive. To my knowledge, it was dreamt up by pundits, speculators, and is just a lazy attempt to understand what goes on in boardrooms driving these decisions. What I have witnessed, with empirical evidence, is that productivity and/or…

Can I ask how your orgs measured productivity before and after remote work/RTO? I agree that employees would have a much easier time accepting RTO if they were given hard evidence it makes the business more productive, but it seems like almost all companies don’t do this and simply justify RTO “because we know best” which frustrates ICs.

Sometimes there a track record of output to reference on. Project velocity. There’s a lot and I probably work in industries that aren’t comparable to yours so no use getting specific. Sometimes it’s just a hard thing for ICs to look at the whole operation instead of their part. The fact ICs think productivity is the most important thing they can provide is a signal they’re wrong (in the eyes of a leadership team).

The management team doesn't want it to be up for discussion, and doesn’t want to create wfh subclasses of employees, which is what data would lead to.

Re: OverpAId – Fire your CEO. Hire the future

#308

Post by nobodyandproud »

raincom wrote: post #303
darth_avocado wrote: post #272

Earlier quoted context omitted.

So when the corporations do something illegal why doesn’t this conduit go to jail or pay out of pocket for misconduct? Or is the said conduit only in play for all the convenient aspects of the job like firing people while taking millions in bonuses?

If a business is a two person shop, it is very easy to prove the culpability of a CEO. However, in a large corporation, it is very hard to prove the culpability of a CEO, as too many people are involved. That's why you see small business owners are easier to prosecute than CEOs of larger corporations.

Size isn’t an excuse.

If there’s no real accountability then it’s a very real and negative problem.

Re: OverpAId – Fire your CEO. Hire the future

#309

Post by cricketsandmops »

Except the CEO should not have anything to with operations. They are there for their connections in every company I have worked at. They are friends with other executives, or politicians and can sway things in the companies favor if needed. They hire their friends to work alongside them. The C-Suite team are just buddies and that is it. They are rarely held accountable and they get raises (along with their exec buddies) because they are friends with their board members who were previous or current executives somewhere else. They will vote on 100% bonuses for themselves faster than your boss can get you a 5 cent raise

Re: OverpAId – Fire your CEO. Hire the future

#310

Post by aleksandrm »

darth_avocado wrote: post #272
bob1029 wrote: post #234

I have learned that the purpose of a CEO in many (most?) companies is not to actually run the company. Their purpose is to be the human delegate that represents the corporate entity. They are empowered to act on behalf of the entire organization. This is important because a corporation of many individuals generally cannot act as one. You can sometimes get close with really, really good teamwork, but that's still not…

So when the corporations do something illegal why doesn’t this conduit go to jail or pay out of pocket for misconduct? Or is the said conduit only in play for all the convenient aspects of the job like firing people while taking millions in bonuses?

That's why Citizens United is a sham. Corporations are NOT people. If they were, they would see more consequences. But no one ever does.
Post reply on HN