I feel like this is not the company I joined decades ago. What made this company great for employees, and where are we going wrong?
7 replies (most recent on top)
McKinsey + DEI
The problem is the cancerous ppl that cost the business billions are rewarded and those that cleanup the mess and make things manageable are not rewarded properly. They request an independent to come put smoke and mirrors up to cover up the garbage decisions they’ve made. McKinsey is the single biggest destroyer of US business culture…once they arrive and management continues to use them…it’s over.
The culture has changed. As a ~30yr employee, the culture has shifted from being customer led to being Wall Street led. All to make the CEO and executive level rich. This shift happened when Tim Solso took over for Jim Henderson and accelerated with Tom Linebarger and skyrocketed when Jennifer Rumsey took over. Blame falls on Linebarger and him bringing Mckensey in as a consultant.
DEI - genuinely interested why. Heard many other employees say the same thing in the office and plants.
ERG
DEI
I don't know when exactly it happened, but the problem is their insatiable drive for stock valuation. Need to launch a product? Hire a bunch of cheap labor. Need to make the quarter's numbers look better? Fire a bunch of expensive labor. Rinse, repeat. They just treat employees as lines in a spreadsheet.
Yes. It has totally changed. I think it depends where in the business you are. DBU has changed drastically since all the distributors came back under corporate.
The vision for the future has also changed.