Thread regarding ConocoPhillips layoffs

Incentivize best people to stay, don't pay them to leave

Some truly exceptional people have been paid to leave. If we had smart management, the ELT would have incentivized these folks to stick around another couple years and help with the current decision making and lean times, but we don't have smart management, so this vast talent (trained at huge expense) was paid to leave.

Meanwhile we'll hire Bosyon Consulting for $30 Million.

I could not agree more with this, @OGYTICL-1hmd. Conoco management does not seem to realize that getting rid of the best people to save some money will cost us so much more in the long run. Not to mention that those same people, trained by us, end up working for our competitors. That's just an added bonus...

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| 2722 views | | 12 replies (last August 16, 2017) | Reply
Post ID: @OP+OIkWp0O

12 replies (most recent on top)

Wait... didn't the truly exceptional employee's get any RSI's? Oh wait... you must've had a supervisor that screwed you out of them by rating you a 3 instead of a 2 because they have no concept about what you do!

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Post ID: @5vti+OIkWp0O

ha! -1nbf I repeat...ha!

well, if it was "a study" in the WSJ, I guess it must be gospel. just like everything else in the major media these daze...if they say it, it's true, komrade. don't believe that? report to the dept of reeducation on the double and confess your thought crimes!

seriously..."dead wood" being identified by COPC management? are you high? COPC management wouldn't recognize dead wood by looking in a mirror (which, btw, would be a 100% effective method of identifying dead wood).

sorry, mr/ms mgmt...you should probably try engaging in reality & the recognition thereof before posting here...we work with you and we know very well who/what you are, so..."needs improvement"

congratulations...you've earned it

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Post ID: @2scc+OIkWp0O

I guess that is why the stock is soaring...Management doing a great job.

See what happens after September 1 when Dividends are paid if the stock hangs on...

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Post ID: @2bjb+OIkWp0O

COP management were recently congratulated - a study found they were very successful in identifying the dead-wood in the organization a lot more effectively than most other peer companies. As a result the company is performing much better than our peers since we shed the low performers.

don't believe it? Its all in the Wall Street Journal, clear as day.

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Post ID: @1nbf+OIkWp0O

"I refuse to pay good people to leave". -- our current Finance leader. But the other managers don't agree with this.

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Post ID: @1xxj+OIkWp0O

@OIkWp0O-lwk You are probably one of those pathetic, useless, with no technical skills to show people and want to be a manager.

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Post ID: @skt+OIkWp0O

Why Boston offered me $16,000. not to tell my story.

http://tech.mit.edu/V130/N18/dubai.html

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Post ID: @ljf+OIkWp0O

Hahaha - the original poster answered herself 4 times in a row.

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Post ID: @lwk+OIkWp0O

I'm not generalizing and they are good managers but most of the new managers and some of the old managers are stupid and pathetic with no business strategy.

"Leaders who don't listen will eventually be surrounded by people who have nothing to say."

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Post ID: @itg+OIkWp0O

It's too late. Still the same managers. Still the same organization. Still the same lack of commitment to real change. Tea leaves indicate business as usual.

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Post ID: @wwk+OIkWp0O

Good post but this strategy is useful to companies that want to grow and prosper. COP management strategy is "shrink to grow (ELT pay)" so these suggestions don't make much of a difference.

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Post ID: @xvw+OIkWp0O

But talented people ask hard questions and delay process unnecessarily. Our new strategy should be to only keep people who do exactly like their supervisor tells them and work minimum 12 hours.

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Post ID: @mwh+OIkWp0O

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