Thread regarding ConocoPhillips layoffs

What's Gone Wrong

I'm one of the long term survivors, you probably know me. I've watched the company collapse into less than mediocrity. Because there's no work (but they continue to pay me well!) I've had a long time to figure out what's gone wrong.... And it's the Hi Pot program.

This program "identifies future Leaders early in their careers..." At least that's what these self-loving hypocrites tell themselves. What it really does is allow supervisors and managers to pick their favorites who look like them (or how they would like to look) and promote these brown-noser entitled quickly from job to job (including juicy expat assignments).

You end up with "Leaders" who can't inspire, can't think strategically, micro-manage, and are entitled, selfish, narcicists, but are good at presentations. They've survived the cycles so they tell themselves they are of course the best. They can't stand post-audits of their work because they can't stand the truth: they are nowhere as good as they think they are. They move quickly through "cross-training" assignments which make them believe they are all perfectly knowledgeable in every discipline, although in reality they are master of none and don't even know how to properly supervise.

Huge failures (APLNG, Surmont, GOM... drillship, corporate jet, and office leases) are always someone else's fault and these arrogant loser leaders are kept around and even promoted. This time the price forecast is right because they are brilliant. This time that exploration play is The Big One because they are brilliant. No strategic alternatives are needed for projects because these brilliant "Leaders" always know the right answer. They don't know how to listen because they don't need to-- they already know everything. They enjoy their special perks: parking (these folks can't be expected to walk far!), stock grants / stock options, huge bonuses, and financial planning to defer income to pay the least taxes forever. Most are already worth between $10 and $100 million but they keep working because they love the power, perks, and accolades from the minions below them. When they finally do "retire" they are actually severed with immense packages.

There's no easy solution here. These inbred chosen incestuous relationships and "people assets" are set firmly in the company. There's a lot of smart people below them but they are ignored or were EOI'd. Only a huge in-house cleaning will fix things, and it's probably after the company sells more assets and its empty shell is bought by XOM.

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Post ID: @OP+MJdXVwS

12 replies (most recent on top)

This post is Fake News. Most of what you are saying is simply not true.

What is worse is you are replying to yourself in this thread pretending to be other people.

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Post ID: @4dfg+MJdXVwS

I like the first post in this series. I can identify as a survivor. Lately all I see is gross management incompetence, dishonesty, and utter lack of integrity. So tired of all this... Managers lie to motivate you and s--- every last drop of blood they can, then kick you to the curb after riding on your back to success. You cowards, it would be better for you if you had not been born.

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Post ID: @3mrl+MJdXVwS

The problem is very basic ... performance is not recognised.

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Post ID: @1bxa+MJdXVwS

True story. There is a lot of swamp to drain but this is a big part of it. Good post

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Post ID: @1yzt+MJdXVwS

I was let go last fall. It ticked me off, but not all that much any more. I am still in touch with some of the survivors, and they are largely hunkered down, wondering what's next, and looking at the job boards. The work is largely the unsatisfying, "busy work" that fills their days and they are not a happy lot by any measure...except for the "protected species (PS)." The PS tow the party line, and try and put the COP spin on every edict and bad decision. They are also ready for the next axe to cleave more of the staff as assets are auctioned off and entire business units are gutted. More high-grading on the way folks...yippee!

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Post ID: @rnl+MJdXVwS

E.K. is poster child for these types of "leaders"

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Post ID: @jhw+MJdXVwS

Well said, whoever said "all decisions make sense in the short term, stupid in the long run." Epitomizes the company's problems. To be fair, it exists in many other companies and industries. It's just take. to a new level here. The private firms are better off in this regard. The "leadership" doesn't feel as much pressure to focus on quarterly progress and making shareholders see their profits every stupid quarter. They are more free to focus on the marathon, and not the little sprints. Unfortunately, our "leaders'" incentives are set up with the same shortsightedness. Insanity, and the average stockholder is clueless about it. These greedy, narcissistic, pathological board members and executives are destroying the middle class, the working class, many public companies, and definitely the average investors.

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Post ID: @hro+MJdXVwS

In our asset our "up and comers" are all spouses. It is nepotism deep around here

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Post ID: @akz+MJdXVwS

My favorite "leader" is the no-nothing guy heading finance who does not know accounting. He parades around the workout center wearing only a towel around his ugly a$$ then goes outside for a smoke.

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Post ID: @dyy+MJdXVwS

Well done. Too bad, SLT will never listen and always covered mistake by another mistake. All decisions are pretty smart in short term, stupid in long run!!!!! Easygoing, hardworking workers let go, Hypocrites got promoted!

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Post ID: @ypg+MJdXVwS

Agree 100%. These chosen few are identified by only a few of the criteria that should be considered. They've made poor decisions over and over, including who they've decided to retain and layoff. As for knowing how to present: they know how to present the work of those under them. They would never allow those who've actually done the work to present to their supervisors and get them some credit and face time. The marks of poor leadership. Scum.

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Post ID: @vjq+MJdXVwS

Good post. Very accurate. Perhaps, after the asset sales are completed, there will be an opportunity to downsize organization, reduce the excessive processes, end the the micro- managing. The upcoming severe downsizing presents an opportunity for surviving workforce to have some significant work with some degree of decision making. This will only be possible if there is a significant reduction in workforce, particularly in the executive, managerial and supervisory levels. This will force work efforts to be focused. People will will have step up and assume some decision making responsibility.

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Post ID: @ugt+MJdXVwS

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