Anyone else noticing promotions and reassignments that make you scratch your head? Some of these chaps have limited experience, aptitude, mediocre communications, and frankly lack executive presence. What gives?
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Wells Fargo fires VP of operations in India after he 'URINATED on 72-year-old woman during business class flight from New York to New Delhi': Banking exec claims she 'condoned' it
https://www.dailymail.co.uk/news/article-11607987/Shankar-Mishra-Wells-Fargo-VP-operations-fired-urinating-72-year-old-woman.html
@5zia+1rxBSyBz
You must be talking about Michael Grossberg in CMS Ops. He is the whiniest, sniveling, incompetent manager with a chip on their shoulder that I have ever worked for. Totally the type of person who would rent a luxury car to attend their high school reunion as a “flex”
@3jbj+1rxBSyB
Nailed it....the worst thing in the world is to work for someone who had it rough in junior high and are still angry at anyone who triggers those memories of being shoved into lockers, wedgies or being laughed at in the locker room.
Simple: Be less White and Male
@1vsz+1rxBSyBz, you are absolutely correct. Our executives are still behaving like high school kings and high school queens.
In this crazy environment, maybe they think they are ensuring their own survival- albeit short term- by surrounding themselves with shallow minded bootlickers.
The level of IQ at this bank is inversely proportioned to the huge egos that abound here. So true OP. It's high school all over again, except they are all feeding at the very expensive trough. They don't care about the bank & the initiatives, it's all about them & protecting their turf, ahh, salaries.
The key issue and risk that is being ignored is that there isn’t adequate accountability for miss-management of resources. Executive management should be held accountable when the people they hired or promoted fail.
DEI is the root cause.
Nothing to do with DEI. Pointing at disadvantaged minority groups is not pragmatic. It's the yes-(people) that get promoted. The ones who are friends with management and were brought in by them. A minion that keeps inexperienced manager safe. Political? Yes. Is this about DEI? No. Are those groups still struggling? Yes. Nepotism and bureaucracy takes precedence.
Exactly right. Sad but true. You’ll get further if you partake in a bit of the dog and pony show antics like happy hours to build trust with senior leadership than you ever will performing your actual job. Alcohol is not a great thing in general, but it’s wonderful at helping us nerds build social capital with others we might not typically interact with. If they feel like they can trust you (in good times and bad), they will invite you into the circle, which enables you to reap the rewards like extra comp and promotions. Failing upwards is common because as soon as someone gets pushed out of a role, they tap their network and circle of trust to find a place to land and often level up.
Quite often by the time folks realize the competence is lacking, it time to go through the wash and rinse cycle again.
I wish I knew in corporate America that these things matter little to advance your career:
- working hard
- bring top performer
- being helpful and team oriented
What really matter is POLITICS. The values instilled in me is to work hard be a good employee, don't worry about money it will come if you do the right thing. Feel free to laugh at me for being a naive id--t.
It's too late for me and I'm conflicted about telling my college age son all this, how you have to sell your soul to make it.
Maybe they are fueled by diversity equity and inclusion based initiatives. I am definitely seeing it.
Been that way for years. Nothing new
Simple. They’re good at kissing a-s. Promotions are not based on ability just look at our CEO