Thread regarding Cisco Systems Inc. layoffs

12 Fundamental Observations About Cisco Today

  1. There is no long term strategy. Sometimes there is some vague long-term vision. e.g., we're going to be a SW company. But changing that to a strategy is anathema.

  2. Leaders are afraid to lead. Even most first line managers are afraid to make a decision. Those that do are regarded as "rebels", or "pains in the a--" by their management teams because they "didn't consider the political ramifications of making a decision".

  3. There is no accountability. Deadlines get missed, features get pulled and nobody says or does anything.

  4. Managers don't manage. Probably my biggest pet peeve. A good manager manages his/her team. I used to laugh every time I saw a new initiative that said things like "meet with your team at least every quarter individually." Every ****ing quarter? There are people on my team that I would meet with individually 3 - 4 times a week when the situation called for it.

  5. They don't teach new managers how to be managers. They get promoted, but they never get the fundamentals taught to them.

  6. The reward managers as ICs not as Managers. Awesome you wrote that great white paper and presented to this customer, but you have a 40% turn over, your employees hate their jobs and not one of them can tell you why their work is relevant.

  7. They are still stuck in the 1990s regarding compensation. If you have a strong performing team sure there should be some variation on rewards, but saying that some people need to have a 2.0 IPF and others below 1? Bull****. If you have that large of a discrepancy in performance, then you should have fired someone a long time ago.

  8. Well I guess you should have fired someone a long time ago, if the stupid policies allowed it. I've had bad employees, that I inherited (not ones I interviewed and selected), that could not be trusted to tie their own shoes. It took me 9 months to get rid of them. I had to create work that they would fail at so that i didn't give them things I actually needed for them to screw up enough to justify a PIP.

  9. They give no meaningful training in how to interview people. In my former company I went through an intensive 1 week course where we did dozens of practice interviews that were recorded and critiqued by the instructors and class, to learn how to interview people. I still use those techniques today.

  10. The basics of resource allocation are lost on the entire leadership chain. Concepts that are basic to even personal finance, are met with blank stares, "How much do you want to allocate to low risk, high success but low reward activities i.e. your cash cows" vs "How much do you want to invest in high risk low success but high reward"? is often met with idiotic statements like "we only want to invest in low risk, high success and high reward". ***tard, it doesn't work that way.

  11. While they "encourage" people to take risks any time a risk doesn't pay off it's punished, with a low IPF, or loss of a job.

  12. The concept that when your revenues are very low high growth rates are easy is lost on people. If you sold $1M of something last year, and you sold $1.5M of it this year, that's a great growth rate. But is that really better than going from $1B of something to $1.1B with the same resource investment? let's see for the same investment I could get $500K or I could get $100M hmmmm... Let me think about that. What do you mean that you can't assume linear or exponential growth rates long term? Why not? Idiots.

Not my conent, I lifted it from https://www.thelayoff.com/t/J0vDs8M

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| 2829 views | | 6 replies (last ) | Reply
Post ID: @OP+ONMxqjM

6 replies (most recent on top)

tl;dr: Bad metrics reward incompetence creating more bad metrics.

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Post ID: @2knc+ONMxqjM

Nice to see another of my old posts being resurrected :)

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Post ID: @1wug+ONMxqjM

Read point 1 above. That's the problem. Very sad.

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Post ID: @1ucm+ONMxqjM

Beautiful. Especially that on investment and interviewing. I will add one:

13: Executives have absolutely no idea about organization theory and are given no training on it. So, we have "leaders" which turn a slightly troubled organization into a complete dogs' breakfast because a) they want to assert their authority on their new charges and b) have no idea what works with how people are organized.

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Post ID: @1qnz+ONMxqjM

This is true. Issue to me is that company shrinking by 9% in core should not continue to act like monopoly/utility. There is a lack of urgency. My manager is more worried about how he looks than about end result.

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Post ID: @1ign+ONMxqjM

very good

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Post ID: @dls+ONMxqjM

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