Hear me out guys, we always say in this forum that fidelity is scheming by being so bad and unorganized their master plan is to have people quit on their own in certain groups. But what if fidelity leadership is just straight and plain stupid? Like what happened in NC with the rto parking situation and now with Q1 planning (specifically BME). Why is it that the plan at this company is always having a grand idea plan from the executive level with no implementation strategy whatsoever. And when things start to fall apart and it’s clearly a bad idea they double down and say “nope this is still the plan and we aren’t changing it”. It leaves people to scramble and things don’t ever work out as visioned. It’s happened far too many times to where I don’t feel they even know what they’re doing strategy wise and just feels like a game of stubborn pride. Share your thoughts and stories down below.
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This is so important
Roger Stiles in tech is a prime example of this. All talk…
Managers do seem like they are unqualified to be a rep let alone a manager. Why would their bosses be better? Good point.
Wow, this is extremely helpful. I’m not even kidding that this makes perfect sense. I was thinking only low level managers were hired without having skills but it definitely makes sense the top people also bad at their jobs.
It appears they want you to be unhappy so you'll leave the firm. This way they can hire offshore and abuse those folks with little pay. Stay and do nothing and see how long it takes middle management to convey to upper management that people quit working. It would take months for anyone to notice because from what I hear, Fidelity middle management doesn't talk real to upper management. The middle man can't fa-t without asking someone first. Don't forget to take your money with you when you leave.
They promote people with Masters Degrees with zero technical skills on tech teams.
You can't make this stuff up.
"Never assume malfeasance when ineptitude will do.” I used to think this just applied to market and branch leaders at Fidelity. The longer I’m employed here the more I get the sense that ineptitude goes straight to the top.
The new BME model in brokerage is a total disaster. Newly minted GSLs have no idea what they are suppose to do whole day beyond constant status checks from SLs. Core and maintenance squads failed before launch, largely due to the hiring of an incompetent chapter area leader and his team, who sold leadership on an inherently flawed and inefficient model.
Nobody is at the helm anymore, the ship is just running on inertia now
“bad and unorganized their master plan is to have people quit on their own in certain groups. But what if fidelity leadership is just straight and plain stupid?”
both can be true
In tech they hire VP level people who only can “talk the talk”.
Roger Stiles is a waste of a good office.