#performance

Lee Raymond’s Famous Quotes on Employee Performance at ExxonMobil

Lee Raymond, CEO of ExxonMobil from 1999 to 2005, was known for his strong emphasis on merit-based systems, hard work, and the role of competition in driving performance. While he did not publish a single “employee performance” manifesto, several of his public statements reflect his philosophy on how people should be rewarded and motivated in business.

Key quotes related to performance and merit:

“The market system requires that people be committed and willing to work hard. Inherent with that is what I call a merit system, which I think gives people the greatest opportunity.”

This statement underscores his belief that performance should be tied to effort and results, with merit being the primary driver of advancement and rewards.

“The main professional responsibility of a person in business is business. He or she must be successful in economic terms, but always within an ethical framework.”

Raymond stressed that business success—measured by performance and profitability—is the core duty, with ethics as a guiding constraint weheartquotes.com.

“It is important to remember that all business has an impact on the lives of real people.”
This reflects his view that performance should be evaluated not just on numbers, but also on its tangible effects on people and communities weheartquotes.com.

“Ethical conduct is something that becomes inherent in an organization over a long period of time.”

While not directly about performance metrics, this implies that a culture of integrity supports sustainable, high-performing organizations weheartquotes.com.

Overall philosophy:

Raymond’s approach to employee performance was rooted in a meritocratic, results-oriented mindset. He believed that hard work, competition, and measurable success were the keys to both personal advancement and organizational success, while maintaining ethical standards as a foundation.

If you need a concise summary for a presentation or discussion, you could frame it as:

“At ExxonMobil, we reward those who are committed, willing to work hard, and deliver results—within an ethical framework. Merit, not favoritism, should be the standard for performance.”

And dfs employees are being thrown under the bus and calibrating to below strong.

This is to fill up the pip quota in order to save Cof employees.

Managers in dfs are new to this process so they can’t adequately defend their employees.

Anyone else having a different experience?

Why do industry observers and specifically BP staff automatically give high praise to Meg? Can one person from the outside manage to upright a failed strategy and a culture which abhors change?

How do managers sleep at night when they have to downgrade someone who clearly earned a better performance rating?

We are a meme stock

The reality is that if you want to survive in this bank, becoming a manager is often the safest path. Look at Indians, women, Indian women —they’re smart, strategic, and know how to play the corporate game.

Stop being naive. This is corporate life. If you end up with poor ratings and get pushed out, don’t expect the company to look out for you. Wake up and understand how the system works.

You can't slash decades of collective knowledge for a small budget win over and over again and then look confused when everything starts falling apart. That isn't bad luck, that is the direct result of your own choice.

Stink is a genius, RTO is working!!!

Nvidia CEO Jensen Huang publicly praised Qualcomm’s mobile capabilities and humorously told investors to "buy their stock", Nvidia simultaneously announced the RTX Spark superchip to target the "Windows on Arm" PC market.

What are waiting for and why are you so passive? Shareholders have been wiped out and you seem like all is fine. Not it is not! There is one scoreboard for a public company and you are losing. You will be out of a job at some point unless you take decisive action. This company need to be broken up into to pieces (Merchant and FI). Your team is not capable of dealing with the size and complexity as it is comprised today.

Need a bit of math help here - What's larger: -23% or +76%?

For example, if one company grew in value about 76% and the other grew negative 23% in value, who grew more? To make it a bit easier, you chose some fixed time fame and let's keep it in the industry, so let's make tmobile be 76 and att be -23...

Finally, once I understand what's larger, I'd like to see which factors cause numbers to differ. For example, if tmobile has a hybrid WFH system, and att is having all employees come be in the office all the time, would someone analyzing the numbers difference, be able to establish some kind of correlation here.

thank you!

What you sow, so shall you reap.
Stock comfortably under $40 mark.

Give them a few more months and the rate will be back to 7% like it was 14 years ago. Of course, the stock price will be 50% lower than it was 14 years ago, but Stank will spin the win and the board will do nothing.

What the actual f-k is going on with the stock price in this company? This absolute failure of a management team has driven the market cap down to $38B. That is absolutely insane at how poorly it’s performing. Is management really this d-mb? At this point it seems like they just want it to go lower and lower. I couldn’t imagine working for this company and just watching the value constantly decrease. Your work is just meaningless at this point.

What’s the chances we actually get a bonus this year? I’m thinking it’s pretty slim, but also hoping for at least the minimum of 25%. Wishful thinking?

Looks like the fat is finally being trimmed. Few managers have joined back as technical ICs while several have been impacted in the Cx delivery org. If you don’t contribute technically, being just a people manager is not good anymore.

"'Misunderstood'", eh?

https://stocktwits.com/news-articles/markets/equity/ibm-stock-hits-52-week-high-citi-raises-price-target-to-375-on-quantum-push/cZ00XlqReDj

One upper management leader once mentioned that competitors (Cadence) were more efficient. A few colleagues who once worked at Cadence also said the same. Why? Have our leaders thought about the underlying reason, or they know the answer but they can't change since such reform will damage their own benefits?

Most managers and up at Verizon would not make the cut in today’s landscape. A lot of them were simply at the right place at the right time. They would buckle under today’s pressure, scrutiny, and expectations. Many got there because they knew someone, checked a DEI box, metrics were easier, opportunities were abundant, and the market practically carried people upward.

Today you have to fight for every sale, every customer, every opportunity, while dealing with shrinking compensation, unrealistic expectations from people who had it easier, and bootlickers with Stockholm syndrome who are just happy to finally be a baby shark in the corporate tank. Different era entirely. A lot of the people preaching “adaptability” never actually had to survive in the environment they created.

Hey, guys wondering which orgs should I consider transferring too. I want know which STS are green or red flags. I’m currently an associate engineer with continued meet standards in CET,RWT and I keep getting things blocked due to budget related stuff. I’m tired of my org not evaluating me fairly so I’ll be applying around again.

are we done? This makes 7 months in the rolling 12. Coworkers are all concerned. Is there a grace period? Probation? Warning?

Listen to the Bloomberg Talks interview with Dan. They literally ask him what changes will average customer see that will make an impact and Dan literally couldn’t answer. Totally embarrassing- it’s so CLEAR he has NO PLAN for any real changes. Just AI, AI, AI. Literally no plan at all!!!

Big changes in merrill banking. Word on the street is no more banking quotas monthly for 2026. The new scorecard is radically different suggesting concern over the pressure to open more and more and more accounts. Now the bankers are judged solely on risk and accuracy.
Looks like some freedom fighter took the charge to the Bull, and a RIGHT hook from the disgruntled base connected

Besides broken systems, unqualified leadership and performative culture?

Finance SD is openly vying for a SVP job two levels above his. he frequently mentions it in team meetings and its all over LinkedIn. he uses my annual performance meetings to talk about his desire for a promotion. SVP and AVP show favoritism to him. he acts inappropriately around employees and encourages us all to slack off. he constantly pressures people with opposing opinions in an abusive way and lies to protect himself. toxicity at its finest.

Oracle is performing well 👍

DXC is too morally bankrupt to actually do a layoff where they would have to pay severance packages. Instead HR goes around trying to find low performers on the sales team ( which is basically the whole company) and they put them on PIPs. Even if you make the PIP. They then put you on a new one. Constantly moving the goal post. They also lie on the documentation. These people are bottom of the barrel sc-mbags

I think once everyone learns that FT, who is a large client, is dropping the contract and going with a different company the stock will fall even lower. Well into the 30s. How can you have confidence in the company if they constantly get dropped by clients?

Because 99.9% of the Nike employees that are rightfully issued a Performance Improvement Plan are going to flunk it. Then Nike can fire them rather than issuing a layoff notice then paying unemployment benefits.

“Following the rollout of AI, supervisors appear to have increased pressure on work output and results. They now seem to expect near-perfect performance from a hybrid coax plant that is fundamentally imperfect.”

I ended up getting formal performance feedback not long after suggesting during a meeting that product planning would probably run smoother if a few departments worked together earlier in the process. A mistake I won't be making twice, that's for sure.

I absolutely loved todays call and how Xeroids have to be coached on basic concepts as if they are something"New" to drive toward goals and functionality that Lexmark had already been performing and achieved over a decade ago.

SMH - I seriously don't know how a 120 year old company allowed it's workforce to be taken over by employees that just set on their hands collecting pay checks instead of driving these basic practices.

Thought he was gonna cry saying goodbye to his buddy Brett on the earnings call. Clearly he didn’t want to fire him and EM forced his hand. Neuroscience performance was awful (again)… when was the last time they hit plan??? Getting rid of Brett was long overdue— Geoff you are next

After 20+ (mostly hellish, but somewhat productive) years at Centene, I had the misfortune of being re-orged under a Sr. VP that had no idea what anyone's background and contributions had been over the decades, so I and some others were shown the door in layoffs a couple months ago. I came across this article today that lays out perfectly how the last 20 years have been for a lot of us:

https://www.msn.com/en-us/news/world/gen-x-doesn-t-want-to-work-and-their-reasons-actually-make-sense/ss-AA1VYmbT?ocid=msedgntp&pc=W069&cvid=6a1dd379fcb443ba814542eb7b86d0fe&ei=107#image=1

Slides 16 (Corporate Culture Prioritizes Appearance Over Measurable Results) and 19 (Performance Reviews Emphasize Arbitrary Metrics Over Actual Contributions) really hit home, especially this from slide 16 - "Elaborate presentations mattered more than project outcomes. Workers who delivered results efficiently got overlooked while colleagues who mastered workplace theater earned promotions."

I have never seen a company waste so much time and money on worthless slide decks that are forgotten immediately after they are delivered. If you totaled all the wasted manpower in terms of the salaries of the people that had to drop everything they were doing to work on a deck for some muckety-muck that was coming to town or wanted an update on something, I would venture it is in the hundreds of millions of dollars in wasted salaries over the life of the company.

Anyway , time to get back to figuring out how I want to spend the rest of my career. I promised myself it would be doing something that provides meaningful, measurable, tangible results, so going back to Centene is off the table.

Our closest competitor is ki-ling us.

Portfolio leadership is directly responsible for the failures in losing market share. My Heartland Gulf Operation OD is an example of this. He blames everyone else and wants people fired on our teams and our specialists but never holds himself accountable. Tells everyone to do their job but does not do his. He does not even reside in the operation. This is the type of leadership that loses market share.

META Stock Still Trails Mag 7 Peers Even After New Subscriptions, Layoffs, Cloud Plans

https://stocktwits.com/news-articles/markets/equity/meta-stock-still-trails-mag-7-peers-even-after-new-subscriptions-layoffs-cloud-plans-retail-sniffs-buying-opportunity/cZ0ikQtRevF

There's growing chatter about people being cut due to less token usage.

If you weren't heavily using your copilot, it's being seen as "you're not growing" and "adapting" to new technology.

To me it's seems mo--nic,
It's another metric of punishing people who are efficient while people who used dev assist for simply changing a label on UI are being rewarded.

PEP stock is sitting right in the middle of 2021's range - well below 2021's year-end close of ~$159 - Can doomed PepsiCo turn things around? How much Ramon has left in the role? Is this a real business value of our Strategy & Transformation over the last 5 years?