So there is a saying in the business world that "A's hire A's and B's hire C's". Meaning that A level people want to work with other A level people because their focus is on doing the best job, while B level people don't want to work with A or B level people because their focus is on making themselves look good. I think that perfectly describes what has happened here at the company. At some point over the last few years we hired and promoted some decidedly B level people. Now even in to mid and upper level management we have some B or C level people and at the supervisor level we have C or even D level people in 75% percent of the spots. This is by no means a statement that there are no A's but if you lined up the supervisors in the L48 BU's maybe 1 or 2 out of 10 might be an A. The result of this is a culture which focuses on making yourself look good rather than focusing on real results, where people aim for the individual success rather than the success of the whole. And a company where the remaining A people, especially at the individual contributor level, are either leaving or left feeling powerless to drive change or success because they are inevitably blocked by some B,C, or D type leader who won't do anything unless they think they can take credit for it and get moved to a D+.
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I thought Henry Ford said the Bs work for the As and the As work for the Cs. This tells me the Cs are the only ones capable of communicating.
Lots of Ds in the Anchorage office.
With the future in renewables, they should only hire EEs
Wow, I could not have set it better. There are some truly awful supervisors in Eaglefart that fit this description perfectly. Bs climbing over dead bodies of As everywhere in L48
Bs lay-off As or watch them leave when prices drop. If the next quarter is all you care about it saves $. If the concern is 5, 10, 20 years, they are well worth their cost.
A former VP dyed her hair grey just to look older. That’s all you need to know.
What BU lost technical people this week?
OP, did you provide this same feedback on the survey? I tried, but I think you’ve summed it up perfectly. I hope someone listens and takes action before all the A’s jump ship.
At the time of the split, I made several observations: we needed to control operating costs, which were spiraling out of control, our CapEx was too high compared to our free cash, the leadership team was arrogant and not listening to suggestions from experienced people, and Exploration was incompetent.
I was let go in the first round of layoffs.
We lost at least a couple more technical people this week. The trickle continues and soon the dam will burst.
Soon on vbb
Please do not bring up the L48.
It is no secret that the L48 COP-operated conventional interests should probably be sold. Those interests are old and essentially fully developed w/ negligible commercial upside.
Regarding the L48 COP unconventional interests, those interests, including un-developed leasehold, should probably be farm-out for an up-front cash bonus and retained over-ride. This would allow for development of those interests at no CAPEX outlay.
The L48 could be greatly restructured and optimized. There are many, including those at the top, that are ignoring the obvious.
So please DO NOT bring up the L48.
This post is spot-on. There were people speaking truth to power, but they were let go.