I work in Global Markets. I can say one of biggest problems we have is too many managers. A lot of managers here have five or less reports. These managers don’t do much. They are hurting instead of improving productivity. They created tons of long and tedious meeting since they don’t have anything else to do. In order to increase efficiency of organization, it is necessary to make reporting structure more flat and get rid of these managers.
5 replies (most recent on top)
I'm regularly on calls where there are 10 or 20 people. There's always one AVP, and the rest are VPs and SVPs. I know before the call even starts that the AVP is going to end up being assigned the actual work. The VPs and SVPs just sit around talking strategy about how the AVP can do his/her job. It's sad and frustrating at the same time.
The problem is middle level managers. Besides managing, they don’t have much actual work to do. So they start try to ask you do a lot of unnecessary works so he has something to do. This is counterproductive.
Agree. Global markets need to lay off a lot more managers and make reporting structure more flat. It is unfair you have so many unnecessary managers get paid well but not bring much value. If anything, it is actually toxic since too many managers will create more politics
They need to layoff a lot of these managers. A lot of them are worthless empty suit motherfockas. Many of them are incompetent and don't know there azz from a ho-e in a wall.
I work in an area where they require managers to have 10-12 direct reports. However, just because you roll up to manager A in the corp directory, you could be ‘managed’ by a completely different person not rolling up to manager A (which is what is happening to me right now-sounds kosher, right?!?!?)
ps-I still have a ton of meetings anyway