Or was it always just an opportunity for management to parrot the usual issue-of-the-day while expertly evading providing any real or coherent answers to questions and things employees actually want to hear about? Is that the whole twisted purpose of these things?
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Stumpf was brilliant at these townhall meeting. Huge crowds would listen to his humble farm background stories and be motivated by his energy. Once in CLT while everyone was waiting for him to appear on stage he showed up in the back of the room with a mic and did the whole session walking around in the crowd. Too bad he had his eyes closed to the real problems at WF. And yes, he took unscripted questions from the audience.
If one is brain damaged, then the USian likely enjoys corporate CONferences.
Eight is great.
Eleven is heaven.
Corporate corruption? Not so much.
Boss Man: “Good morning everyone! Welcome to the CONference. We have lots of propaganda for yous. I’ve got some bad news and some good news.”
Employees: “What’s the bad news?”
Boss Man: “60% of you will be losing your jobs by the end of this month due to us empire corporate mismanagement.”
Employees: “Well what’s the good news?”
Boss Man: “I get to keep my job and I’m receiving the largest yearly bonus in our company’s history.”
Employees: 🖕🖕 🖕 🖕 🖕
Just one head of the employee relations hydra.
Stumpf's last town hall was solid gold. He had on Tolstedt, but there was a weird tension to their interactions. He seemed to be literally grimacing and squirming in his seat. Was only shortly after that the sales practice scandal broke wide open.
If you’re bringing up “Eight is Great” do you remember the “service maps” that they rolled out in 2003-2005? Remember that acronym KUAR? “To win customers you must Know them, Understand them, Appreciate them and Reward them.” Now the company doesn’t even KUAR their Employees
If you’re bringing up “Eight is Great” do you remember the “service maps” that they rolled out in 2003-2005? Remember that acronym KUAR? “To win customers you must Know them, Understand them, Appreciate them and Reward them.” Now the company doesn’t even KUAR their f¥
I never watch them, I always assume if anything actually revelatory is said, there will be a post about it on here anyway. Saves time.
They’re about as useful as one on ones with your manager. They’re both just lip service opportunities so managers can say they’re connected to their reports.
They used to be called All-Hands, then politicians started using “townhall” meetings for their presedential runs, and was a great idea. Many used them successfully to ‘connect’ with their base.
Some executive decided it sounded cool and would make them feel like one of us. However they were never treated like the old townhall meetings politicians used to use. They were just all-hands meetings rebranded to ‘townhall’, which is what still remains. Had they used it like a true townhall forum (go to a location, grant limited seating in small atmosphere and truly field random questions from audience) it would have been great. But this is WF.
Now the politician ones have degraded to be just rally’s as well.
I know with certainty that the questions were not screened when the events were in person.
10 years ago they would hold them in-person. Complete with huge red, white, and yellow banners that proclaimed "Eight is Great!".
They'd have a paid MC person up front, leading the crowd in chants of "Eight is Great! Eight is Great!" just before introducing whatever bigwig was going to speak.
For those of you who are new here, simply google "Wells Fargo eight is great" for everything you need to know.
It was sickening, but I kinda wish I had one of those big "8 is Great!" banner signs now. They'd be a collector's item.
What do you think?