(By the way, I’m writing this from a place of exhaustion and disappointment with the industry, rather than just knee jerk negativity.)
Although I do think it’s worthwhile to try to think and communicate as clearly as possible, over the years I’ve learned in this industry that 90% or more of coworkers and managers are not going to put the same effort into it. You can do everything right and the majority of the time it won’t matter. The only thing that (almost) guarantees good relationships with management is to just do whatever they want even when it is leading the company to ruin, never voice your objections, etc.
There is no common goal with most managers because they don’t usually care about the success of the company, just their own personal success. And with most coworkers, few want to do things better more than they want to just have an easy ride.
If anyone is aware of an environment where meritocracy exists in this industry I’d love to know about it. Where, where can I find a company that cares about making money by providing value? (Obviously some attention is paid to this to make enough money to keep the company going, but it’s second to the higher goal of accumulating their personal status and wealth, and there is misalignment between that and actually delivering value due to usually poor leadership at the top and poor investor oversight.)
Maybe it’s all just a consequence of capital concentration. There are plenty of companies that could be out competed but competitors just won’t be funded, except if they are run by other connected people who don’t have the talent to out compete the existing ones.
Although I do think it’s worthwhile to try to think and communicate as clearly as possible, over the years I’ve learned in this industry that 90% or more of coworkers and managers are not going to put the same effort into it. You can do everything right and the majority of the time it won’t matter. The only thing that (almost) guarantees good relationships with management is to just do whatever they want even when it is leading the company to ruin, never voice your objections, etc.
There is no common goal with most managers because they don’t usually care about the success of the company, just their own personal success. And with most coworkers, few want to do things better more than they want to just have an easy ride.
If anyone is aware of an environment where meritocracy exists in this industry I’d love to know about it. Where, where can I find a company that cares about making money by providing value? (Obviously some attention is paid to this to make enough money to keep the company going, but it’s second to the higher goal of accumulating their personal status and wealth, and there is misalignment between that and actually delivering value due to usually poor leadership at the top and poor investor oversight.)
Maybe it’s all just a consequence of capital concentration. There are plenty of companies that could be out competed but competitors just won’t be funded, except if they are run by other connected people who don’t have the talent to out compete the existing ones.