4 minutes left in the game. Atlanta is ahead by 16 points on the 22 yard line with a first down and a running back averaging 7 yards a carry. Hand it to the running back 3 or more times and kick a field goal and they are world champions. But they overthink, they are too clever and lose...
Everything we do is over thought and over-analyzed:
Our leader warily states this is the sixth downturn he has gone through. So why did he not have a simple scenario plan response? He states our earnings are negative because we had to re-categorize reserves as resources. But we have the most complicated resource reporting system in all industry and he proudly reports this number at all of the analysts meetings (our reported resources have collapsed since he took over), so why is this a surprise?
It takes him ten minutes to explain the VCIP calculation.
We are having financial problems so we think it smart to assign a non-Finance person to the CFO position.
Our exploration reporting is so complicated and inconsistent it's only the best presenters that get their dryholes approved.
Our budget process is year round and, in the end, rewards the best liars.
We change our company metrics annually and the current one (COS) is so complicated that only a few employees can calculate it. But we have 4 different groups to explain it.
Our dispositions are so over-analyzed that we take years, then make bad decisions
Our HSE reporting and paperwork is so bureaucratic that it massively negatively impacts getting actual work done and leads to incidents.
Our HR processes act as a huge delay and drag in treating employees right.
What happened to common sense ?