CVX is a multi-billion dollar company that is run off of siloed excel spreadsheets. These sheets are reinvented every 2 or 3 years as managers and staff are rotated from positions they have just barely started to learn, to positions they don’t know how to run. While there are systems purchased to streamline work, they get disused after whoever brought them over moves, and are certainly not vetted by the end-user. Because of this, the replacement goes back to using spreadsheets.
The only people keeping the place together are field management and staff who have no prospects of moving past advisor or Forman levels and therefore no desire to move out of their positions. The fast risers, who are worshipped by “blue bloods,” call these people “selfish” because they don’t want to move.
If it wasn’t for acquisitions, there wouldn’t be any technological advancement, because the culture isn’t about improving and innovating, but “building relationships” and gaming the system for promotion above all else.
Alignment is a joke, please name any BU that is aligned with how the other operates at even a rudimentary level.
So here we are again, when management fails to deliver results it is the employees who suffer. The laziest form of increasing revenue is to reduce employees. This is literally thought in 101 business courses. This may tick up the stock market for a little bit, but the issues still remain. Rant over.