Thread regarding Wells Fargo & Co. layoffs

Micromanagement is definitely on the rise

Not sure if everyone is experiencing this, but in my LOB, the micromanagement is becoming off the charts. We are now tracking everything you can sp-t on and the new “risk controls” are paralyzing our ability to do our jobs… this tells me one thing…

Management is creating busy work to validate their existence. Not sure if this is panic mode or if they are trying to make our work so miserable that we quit, negating the obligation to pay out severance.

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Post ID: @OP+1rq9gZfz

8 replies (most recent on top)

It’s RCSA. Very few can identify the true risks and balance against efficiency, so instead they write up as many minor details as they can think of and create a procedure for each one. Ends up a bloated mess, but look at how many risks are documented!

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Post ID: @1mhc+1rq9gZfz

When I started at WF eons ago I was the equivalent of a kindergartener in the corporate world. There was only one way up, I didn't have a lot to complain about and ignorance was certainly bliss.

Couldn't seem to get above an 8th grade level at WF despite: wanting, asking, learning, demonstrating, proving, succeeding, sacrificing, volunteering, olive branch extending, etc.

Micro-mgmt has brought everything back down to kindergarten levels, as if each day is my first day.

How can one's mind not atrophy in a place like this?

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Post ID: @1ljo+1rq9gZfz

Agile if done right is supposed to encourage self-management -- not micro management. Wasn't done right at WF. Agile, "efficiency", and "hub strategy" are yet more badly implemented management prerogatives that are driving an insane toxic work environment.

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Post ID: @1htz+1rq9gZfz

So much scrutiny on everyone due to the consent orders... company is doing everything it can to close the gap on any and every risk. When you let people just do their jobs, amazing work comes out of that 99% of the time, but the 1% making errors creates too much risk for WF's risk appetite. So the result is that the company implements endless guardrails and checks/balances, which is good for risk but terrible for employees feeling micromanaged. This is just the world we're living in now..

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Post ID: @1tkv+1rq9gZfz

Mic-rogement, BO-M!

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Post ID: @ntr+1rq9gZfz

Common in Technology

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Post ID: @pkv+1rq9gZfz

Rcsa identifies gaps and adds controls and many of them formalizes the process —leadership is looking at this as getting better by doing things which in their view should always have been there ..so it is expected things would be hard as we work through these challenges

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Post ID: @yvx+1rq9gZfz

My co-workers have been in panic mode for the last 8 months. Sad to see how much my team has changed. Everyone for themselves. But at the same time I kind of get it but don't agree with it.

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Post ID: @wez+1rq9gZfz

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