https://www.shell.com/who-we-are/diversity-equity-and-inclusion.html#iframe=L2RlaS8=
“We've done a lot of work on DE&I in recent years. Creating the most diverse and inclusive organisation in the world will make us a much better company”
Wael Sawan, Shell CEO
Really?
So many posts assuming that white male = merit and competency. "DEI" wouldn't scare you all so much if you were as meritorious and competent as you assume you are. Prior to people actively including people other than white men for consideration for higher paying, higher prestige, jobs, white men pretty much got all the high-paying, prestigious, jobs by default. Now, you all complain because you claim people are being chosen because of their gender or the color of their skin, when what REALLY upsets you is that people aren't just picking white men anymore because of THEIR gender and the color of THEIR skin. It's so sad that white men don't get to ride that privilege train anymore, isn't it? And, maybe the reason there are more women in the "air conditioned" jobs is that there are a lot of women that are better qualified for those jobs than many men are. Women make up more than 50% of the population and more than 50% of the people that are highly qualified for those "air conditioned" jobs (no, all of those jobs aren't STEM jobs, so you can't just say there are more men than women in the hiring pool with STEM degrees), so 25% women in those jobs is still way low. Mediocre white men need to stop whining and start actually being better qualified and they might be in the running with the larger group of qualified people now being considered for those jobs.
I know several people who were pushed out and took the settlement package in lieu of suing. There is a definite expression that demographics not favored by DEI were targeted. Darn the good package otherwise we'd have seen enough lawsuits to make a good class action.
So silly. CRT training is sayonara.
DEI is way better than the relationship collaborator status that Henri Deterding (Shell's first founding president) had with WW2 era politics and world views. I much rather the DEI today than the really bad stuff of the 1930's and 1940's.
Single largest thing that has sc--wed this company was the BG acquisition.
Paid way to much and got way to little.
That led to asset sales to pay for it. Then the stock buy back has been a result of all the shares issued to BG cronies to try and control dividend payments. As a result of this we have no assets and no funnel, so why not get into nonsensical green and alternative energy (had nothing else to do) … sprinkle DEI and now we have leaders with no experience or vision (but they have MBA and consultants) so only trick they know is layoffs /offshoring and more buy backs.
Shell is in a death spiral, it needs bold changes or it will go the way of Mobile in 10 years at most. IMO cancel the dividend and use that cash to aggressively buy assets / dramatically cull staff of the combined companies. Fire all leaders that haven’t actually worked up the trenches. Close Bangalore except for IT and spin off the GoM as a separate of company which Shell owns 100% to free it up from the useless Dutch and British id--ts:
But whatever, I’ll retire in 5 years with my bag of cash …. You have been warned - plan your exit strategy
i am praying on my hands and knees that shell buys back into US onshore acreage so that i can immediately begin dying of laughter
the only assets to acquire are in that markets and despite what brainwashed dutch people seem to think a hydrogen electrolyzer offshore wind are not assets and we need assets
not DEI, but wrongful thinking
Total surrendered North Platte too Equinor. Shell bought 51% and operatorship and renamed it Sparta (June 29, 2022 for press releases. Still an example where somebody thought " let's think oil into place, come on we're Shell we can do it!"
i don’t blame indian employees for su-king the milk of the te-t
i do get mad about how my entire career is now fixing their constant stream of goofed up technical deliverables
at the end of the day though, shell has too much one quarter at a time thinking with intermittent fits of reacting strongly to trends and the results have been disastrous
we have like no assets lol. i think it’s 6? it was just too easy for some random dutch leader to sell an asset, make bonus due to revenue and carbon targets being hit (lol got rid of the C02 source 🤡 ), and retire for too long
I don’t think She’ll ‘bought’ Sparta. It got it for free.
Bangalore you say? I can tell you that Shell (product company or whatever you call it) is great for Blr people, and nothing is your fault.
Especially not the dozens of youngsters enjoying the WLB,
getting all the free certificates/trainings,
team parties at nice venues,
getting months mental health support if needed,
Paid sick leave (amazing how many are just 1 day sick and recover the next day, because the 2nd day Shell requires doctors writing).
Get pregnancy leave, all that is good, don't get me wrong just su-k the blood out of Shell as Wael and his friends around him are doing. Follow your leader.
The thing is BLR people will move on to other companies, at least those with decent skills. The rest remains for the Work life balance and play the politics as long as they can (hint: don't get too expensive for the company taking your every 2 year promotions to higher JG).
Shell NL/UK leaders are just looking at short term low cost and will take severance and run with their shares when their time comes. Plenty of other companies will receive them with open arms (If they are in IT that is).
Take care all, I just wished at least Weal could get the shares up, but even that is not within his capability it seems. So who is benefitting from all this drama?
you can't forget getting out of Guyana or buying Sparta
I think that it is rather fair to say that no one thing ruined Shell. (Or more correctly, Shell isn't completely ruined) There has been a series of poor decisions. Example: Buying BG. Selling Aera for less than the profit it made in the 6-month transition period... literally ending up paying them hundreds of millions to take it. Selling Appalachia for 10% of the invested cost then buying the green methane sewage gas producing 5% as much gas for the same cost. Selling the Permian with a small profit rather than a huge profit, many stupid shale investments, Steam projects, electrical heaters for shale oil, the Don Quixote windmills they're still building, the charging stations, the greenification, offshore Alaska Chukchi Sea, etc. (There are many more things to list)
Did DEI play a role? Did DEI make it better? Did DEI make it worse? Probably no to all those.
DEI is more like the misdirection a magician uses to distract you from what is going on. It is a huge and expensive distraction calling attention away from accountability from the lower profit and poor decision making.
I don’t think it is fair to say offshoring has destroyed Shell. The explorers that we counted on to rejuvenate the portfolio but failed weren’t in Bangalore. The individuals that launched the stupid green energy boondoggles weren’t in Bangalore.
Offshoring has destroyed Shell
indeed. quite odd how shell is outperformed in every metric by comparable energy companies which only have american employees when “diversity is our strength” and outsourcing is good because it reduces costs
Sure has not helped shareholder return even with stock buybacks, layoffs etc.
Why is that.
sure is weird how all the DEI hires go on to hire people who only
look like theirselves or are close friends… or is it?
this is how companies become entirely made of the same minority. it only takes a few hiring their own and time does the rest
Wael himself is also a DEI hire—what did you expect?
yep. our new leaders are all DEI promotions or Waels friends. we have actually downgraded the average leader quality as a whole by ousting merit based leaders
we will not become and are not competitive
That is the point, it is DEI over merit at Shell. That is why it underperforms. The way they raise the stock price is buy-back. It should be profit and finding enough assets to have longevity for those profits. Shell isn't growing by layoffs but that is the lever that they are pulling.
Diverse. Not diverse. Not really the point ... or points.
Point 1, the actual merits of the people who are getting hired, promoted or paid, compared to the pool of candidates for those roles.
Point 2, whether you are taking away from me to give to anyone else, the "E" component. Re-distribution from the haves to the have nots (thanks for the nomenclature Karl and Fred) is the explicit goal of DEI. It goes way beyond headcount or affirmative action. And if you don't understand that, get your head out of your fu--ing a-s.
welp, so much for "verboten"
Ya. This was also covered in CRT class. There is an oppressor / oppressed explanation for everything with no time limits.
the more of you admit that you just feel like you want revenge instead of equality the easier it is for trump to end your plans
please keep posting about your true intentions it is useful
Ya. They taught us that in CRT training.
White people have greatly benefited from the system in the pre-DEI world. About time we level the playing field
To be fair to DEI, inside the airconditioned offices the percentages of women vs men are above the local population of graduates in the US. The dangerous and dirty jobs are almost exclusively done by men so that skews statistics to look like there is a favor towards hiring men; but, that isn't the case. It is more an unfair or unethical distribution of labor which isn't being addressed. Senior leaders are about 25% female going towards a target of 40%, whereas the general Shell population is about 15-20% female... So there are targets to improve the ratio of women managers but not increase the number of women in all disciplines.
Shell is 70% white. Hardly diverse. And about the same percent are men. So Shell is composed of 70% white men.
Is this legal in the US? I thought Shell was a federal contractor.
Shell is literally just a shell of its once great self.
What VPs wives?
outsourcing the entire company to india and hiring VIPs wives is great for the DEI numbers