I can’t remember when was the last time that I didn’t spend 80% of my workday doing reports, following processes, having completely needless but long meetings. Company’s culture shifted towards procedures, quotas, measurements, and processes, reaching a point where it’s all almost completely meaningless. And incredibly boring.
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Let's be honest, half the company payroll could go away and there'd be no drop in performance. Way too many people running around adding no value - mostly at the Director + levels.
@5lda+1ttkraNN No he was not booted/canned, he chose to leave because of the toxicity here… and I don’t blame him one bit but the wrong CEO left TIAA… and for that and other things, we are all F’ng sc--wd.
https://www.thelayoff.com/post/@kpyk+1t0FvF3H
Someone said something about Jose getting the boot. Did he get the boot because he was getting too big for T’’s comfort?
This post is 100% accurate. TIAA’s culture is dead.
TIAA Executives and their directs are metrics focused and can’t execute anything if their life depended on it. They have been talking for 3 years but have nothing to show for it. The leaders that were strong at execution have either exited the company or were pushed out for some reason.
The problem is that leadership is more concerned with social media instead of running their business.
TIAA has operational losses of $1 billion over the past 2 years and the company hasn't been profitable since T took over from Roger.
I can’t think of any CEO that would be running around, accepting all these awards when literally their house is on fire. At some point, you must step away from social media, get off your private jet and focus 100% of your time on TIAA.
Until that happens, TIAA is a lost cause as the leader’s underneath the executives will just continue following their leads.
Doing everything else but running a business.
When I was there the middle managers were like Stepford Wives in their slavish devotion to "Metrics". "Metrics" are the ineffective manager's proxy for actual results. If they can't get objective results then they make darn sure their "Metrics" look awesome. TIAA has always had managers that are pretty much worthless drones just trying to hold their job and their bonus. you don't get to be a manager at TIAA by thinking for yourself or finding ways of improving things....all that will do is put a target on your back from other managers who don't wan't you as their potential competition. In this regard, TIAA is a veritable symphony of managerial clodpoles. There was an actual TIAA client long ago who said “Not everything that can be counted counts. Not everything that counts can be counted.” But he was a smart man. Id--ts in positions of management will find things to count and dedicate their existence to having others count these things, regardless of whether or not they count for anything. Such is TIAA.
Life at T ardashian Inc is not what it used to be. The goal is to look like somerhing is being dine that will make the juciest headline on the next social media post. Real world accomplishments are so over rated. Bust out your best designer clothes and get booked on an inflential podcast if you really want recognition, just dont outshine the ceo or you will be away like Jose.
You're right; Gone are the days of doing actual work. But I would put it this way: I can't remember the last time I spent 80% of my day working. I spend about 20% of my day working and 80% trying to figure out what the heck happened to this great company. I'm not giving them any more of my time than minimally necessary to collect a check. Worked my butt off last year and was praised throughout the year and ended up with a 3 rating because, ya know, "we can only give so many 4's and 5's and although you were amazing, there were others that just squeaked past you". So this year I said, "well squeak this".
Agreed, I have probably 20 people on 5 teams review my work and ask mindless questions. Worse is the layoffs happen in my group.
Company work is nothing more than creating influencers within the company that have no real value, just like the whole social media influencers. People with no real tangible skills promoting fluff work understanding nothing.
Success at TIAA is based on “likes”