Very strange when you look at the comments on the State Farm Layoff board. They are doing exactly the same thing we are with respect to huddle boards and restructuring. The layoffs are coming fast over there. I didn’t even realize we are mirroring everything they are doing. They are centralizing in Atlanta,Phoenix, and Dallas. From the comments I’ve read, things will only get worse for us.
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If State Farm is your car insurance company then go to Allstate for quoting or if your company is Allstate then go to State Farm,
You will get higher quotes for your car.
They are sharing something.
No one has any idea what the hell you’re talking about.
Yes, lets get back to our true savior from the early 90's L Ron Hubbard.
Comparing corporate senior leadership to WWII Nazi leadership is beneath contempt and undeserving of a response. Go away.
I’m not sure why I’m dignifying this post with this response, but I can only say that the OP was attempting to spark activity on this thread, which he sort of accomplished. That aside, large companies have a long history of cycles that toggle between centralization an decentralization. Think of it as justification for senior leadership (executives) to justify their existence and live into promises delivered to board members. It’s just a “big lie” - it’s the old , “if everyone believes it, then it must be true” mentality. Think of WWII nazi Germany, as an exaggeration.
You are wrong. Allstate was NEVER a mutual company. It was a wholly owned insurance company, the property of Sears Holding Inc. Please don’t make me school you on the difference, but don’t post ignorant c-ap. You’re entitled to your opinion on the good old days when Allstate wasn’t owned by shareholders, but it was NEVER owned by policyholders, or a mutual company.
Do your homework, or shut up.
I don’t know or care if State Farm and Allstate merge but to say it impossible because State Farm is a mutual company just shows your ignorance. Allstate was once a mutual company, back when it was a good place to work.
I am not a manager. I’m a front line employee that’s amazed that employees of publicly held company are surprised when leaders make business decisions that maximize shareholder value. Yes they should be concerned about the employees, but when there’s no company (see Sears, Kodak, K Mart etc, etc, etc) there’s no employee. Leaders have an obligation to run efficient, expense effective organizations. Sometimes that impacts employees.
I am not a manager !
"Sounds like you want to work for a non-profit." Here we have it. This is management sentiment to a board with people concerned about their jobs. As an employee your have as certain value and are disposable without concern. Great attitude to convey to a employees for a service oriented company.
Yes of course, State Farm is going to de-mutualize (do a little research on what’s involved in that), “covert” to a stock company (that’s not how it works), and spend the $40-50 billion to acquire Allstate. .... for what purpose ? It has a redundant distribution system (agencies, with a largely redundant policyholder footprint. Companies acquire or merge with competitors to acquire customer segments, distribution networks, or competencies they DON’T have, to create greater shareholder value.
Think. Think before you write.
Sounds like you want to work for a non-profit.
I do have issues with pompous, know it all, sycophant management wannabes then, Some people are in the throws of life changing issues due to a pending lack of employment and you and your actual management trolls make light of the situation, attempting to explain it by spouting your corporate garbage. Quite sure no one wants to hear it. I guess it is ok if my job is moved to foreign land if it helps short term gains to stock value so someone in a cut throat, bonus driven organization gets a raise. I am bitter so I guess you are right on that point as well and you still are a troll.
id--tic? Silly? Someone needs to do their research.
Mutual companies sometimes consider demutualization, or converting into a stock company. ... As a publicly traded, stockholder-owned company, it is easier to raise capital, effect mergers and acquisitions, and attract and retain employees via stock options.
“Troll your propaganda somewhere else”.....wow. Bitter and presumptuous at the same time. I’m not management or a synchophant, but clearly you have your issues.
Because I am tired of overpaid management sycophants interjecting corporate rhetoric here. That is what CI huddles and Kick off meetings are for. Troll your propaganda somewhere else and win together in your new office a 100 miles away.
Today is the day !!!!!!
So, if someone says something you don’t like, they’re “trolling” ? Are you “trolling “ ?
Because I can.
"I get tired of people rolling grenades out and creating unnecessary angst for employees just trying to do their job." Alas then why do you troll this board?
I take back id--tic. Silly. Unsubstantiated. Unrealistic.
I get tired of people rolling grenades out and creating unnecessary angst for employees just trying to do their job.
Calling someone id--tic for making an observation is a bit over the top. Never say never. You certainly shined a light on things with your comments. Now we know.
The merger is on that's a fact!!!!!!!!!!!!!!!!!!!!!!!!!
Just kidding
The title of your post is id--tic. Yes, both are centralizing field operations (and decentralizing Home Office functions), but so are most companies with geographically dispersed organizations. To the extent we all fish in the same pond with respect to consultants, we’re going to get the same guidance.
The same consultants are also pushing “lean”, which results in similar best practices (huddles, visible posting of results, etc......Management 101).
Re: Merge ? One company is publicly traded, one is a Mutual (owned by policy holders).....impossible marriage. Also, government agencies wouldn’t allow two of top 3 market share companies to merge.
Silly speculation.