I used to be 5 down from the CEO, now I'm 7 down without any job change. Every level that's inserted is Managing Director or higher. None except Charlie have more than 12 reports, most are in the single digits.
How TF is that increasing efficiency?
8 replies (most recent on top)
Everyone is pretending to manage but only a few know and can do what needs to get done. Being a manager means early retirement for some.
Are you talking about India and Technology organization?
WF used to bring in consultants to do this type of work but spend dried up - now, they just hire more levels of FTE “management” to hide lower level incompetence.
Basically bringing new layers of incompetence and uselessness to layer over existing layers. Presto - problem solved. Hahaaaa
This bank does not plan. Instead, it is a reactive bank. Other banks get mobile banking... so we have to react to this and get mobile banking. Others go to the cloud.... so we have to go to the cloud.
In the reaction they hire facilitators. They are not managers. All these facilitators know is one thing -- how to manipulate and browbeat their directs. There are no plans, no designs, no integrations, and no reuse.
Since people are siloed up in facilitation chains so are the systems -- their process components, and data. Upper management wakes up one day and realizes they have all these "applications" that like their people don't integrate/talk well to/with each other. They are "inefficient" and need to react. Instead of sitting back and proactively analyzing the situation (facilitation/people/process silos) and designing solutions they go in like a Tasmanian devil and lay off the directs, the workers. What is left will be clueless managers and toxic facilitators in empty silos. This is not going to end well
It was inevitable. Shart and the rest of the clowns in the ivory tower don't trust any of the leaders in this company, directors and below. They centralized authority so much, that they wound up needing a small army of execs to make all the decisions that need to be made. For them it's not really a bad thing, it lets them hire all their friends from previous gigs at ridiculous salaries. For everyone else, it's a joke of a system and failed leadership.
Need more people from Chase...
Most of those additions are under Scott Powell. Guy keeps hiring people to do his work.
apparently they tried spans and layers and realized it didn't work.