I've been here long enough to see this play out multiple times. A mediocre person gets promoted. I don't know if they interviewed well or they're friends with someone important. Then they get put in charge of a team of talented people and within six months, the best people on that team are gone. They quit, transfer, find something else. The mediocre manager is the one who stays as the work gets worse and the team gets weaker. And the company acts surprised. Promote the wrong people and you lose the right ones. It's not that complicated. It's just cause and effect. But they never seem to learn.
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Young good looking guys and gals being promoted all brawn no brains, upper management only want eye candy and bootlickers
My manager left company, my team came under their manager for a brief period before someone the regulator was added back. That manager was telling me how vital I was to the org and what a hard worker etc blah blah, basically singing my praises and telling me I could pick and choose projects. Now recently they were made MD (junior level). All do a sudden I’m at fault for every little thing and need to look for work outside JP. What happened? Someone became MD, was just waiting to show their true colors.
Upper management hires people that won't outshine them. If they hire the right candidate, eventually that person will take their job. Same at every company.
@fh this exactly!
Due to sheer large number of global employees, jpmc employs a mid level managerial structure. This can work when the managerial levels are well qualified, trained, and perform in the best interests of the firm. As we all know, things never go according to plan, and bad incompetent managers reign supreme throughout the firm reeking havoc all around, many times, to suit their personal job security over the firms best interests. Due to this structure, there is no visibility, oversight, governance, recourse, when there are bad actors about.
or the mediocre manager removes the talented people that would compete with
him/her
So there is no accountability. If the team does not deliver it does not matter. Why is there a team?
Seen it many times. I always referred to it as they raised their hand when nobody else would. Have a MGR now that has no experience in what we do. None. Also, has history of antagonizing our Dept. also heard the person that put them there say it’s all about putting people in charge with no experience so they can learn.
I saw this happen! The person that was transferred into our group was friends with a higher up. This person would walk over to managers and ask the most elementary questions that you NEED to know and understand to work in this dept. I would just shake my head thinking they gave this person a team to manage when they have no clue! It all in who you know. A few years down the road I was placed on this mo--n's team. He never answered questions because he had no clue! I kept looking at open positions and transferred to a new area when something interesting opened up. He is still there...it's all on who you know.