#decision

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The problem with ELT and SLT

Having worked at other new age companies, here is what I see.

The people responsible for investment decisions don't understand the customer deeply, neither do they understand the product deeply.

The bigger problem is that they aren't humble enough to admit they don't know and speak as if they know what they are talking about. It's so irritating that they won't even ask questions to learn but rather just go on and on to loudly shut down any other opinion in the room that doesn't match theirs.

It's funny to see two leaders having a conversation with half baked knowledge and driving investment decisions.


Fortune 500 Company?

How does Fidelity expect to thrive as a Fortune 500 company when women have no where to put their purses during the day and end up putting them on the floor next to their desk? Are there no perks at all for managers? No offices for managers…just sit with the rest of the associates, nothing special for you. Do managers even get to make decisions? Or do they just carry out the tasks that the Senior Managers tell them to? No wonder they have a problem with no one wanting to take managers roles. No perks.


Looking back about 15 years, AT&T has an unusually poor record to buy high and sell low

ranking of AT&T’s worst decisions

  1. 🥇 DirecTV — $67.1B
  2. 🥈 Time Warner — ~$100B round trip
  3. 🥉 Mexico — $4.4B acquisition + years of capex → $2B
  4. Selling/monetizing towers too early
  5. Xandr/AppNexus
  6. Selling data centers just before the cloud/AI infrastructure bo-m
  7. Giving up WarnerMedia/HBO/IP upside

Regulators Deny CMP Rate Hike Request

Maine regulators have rejected Central Maine Power's bid for a significant rate increase. The Public Utilities Commission unanimously decided against the utility's request for nearly $70 million in higher rates. This decision means average household bills will not increase this fall. The utility had warned of potential financial consequences if its request was denied. Company representatives indicated workforce levels might be reviewed following this outcome.

Augusta, Maine

https://www.pressherald.com/2026/10/06/maine-regulators-deny-cmps-7-rate-hike-as-utility-weighs-potential-layoffs/


Does anyone think these decisions through?

I've never worked somewhere where so many decisions seem to make absolutely no sense. People will point out obvious problems with their reasoning and leadership just keeps going anyway. The latest VSPs and involuntary layoffs combo are the best example. We're being run by id--ts.


Those who paved the road to ruin are now complaining

Executives upset that after gutting the upstream and underinvesting they have a horizon challenge. They have a severe case of selective amnesia about the decisions they made that led us here. The compounding consequences of those decisions were very predictable. And it will only get worse. I see another Exxodus being the true horizon challenge.


Any PLs here who can share what their decision-making power is re: ISP?

I want to know if direct PLs were given any say in exactly who they let go from their teams. I’m also just curious about the criteria for who stays and who goes in general. Were you told a number or a job title you had to RIF, were you given exact names, was it based on past performance, etc?

My team lost its newest hire (who was honestly great, so I’m bummed for them) plus someone who’d been around for 5-10 years and was admittedly unexpected — unless PLs got to choose.


Management Not Impressive

The more I interact with top management the less impressed I am. Conflicting guidance constantly is given. They even conflict their own stated written strategies and policies. They want everything and refuse to make decisions on trade offs instead just yelling about how they want to be top quintile in every metric even ones that are obviously in direct conflict with each other. How is it leadership to make no decisions in tradeoffs and constantly just yell about wanting it all?


Town Hall

“We can simplify things with information.

We have a lot of information.

You have to have the right information at the right time to make the right decisions.

With the right decisions we get the right outcomes.”

This will get you 5mil per year.


The final decision

Fideliscare of NJ. Care Management. If we do not apply for VSP, come end of July and they need to layoff, who makes the decision about who will be layed off? Does the direct supervisor have input? What about the manager?

Who makes the final decision and do they get additional input from anyone?


Backwards integration?

Why does Enbridge insist on not using the best procedures when merging departments.
Some GDS policies are far more advanced than our counterparts. Instead of selecting the best way to do things, they just choose the Enbridge way. It's beyond frustrating for us.
Also the software is atrocious. Everything is completely FUBAR'd. Is hammering a square peg into a round hole just the way they do it? And it seems like the people making the decisions are only at their job for 5 minutes before they go somewhere else.


SVP or D level

I wish I would have been in SVP or D level to not get axed. So far what I have seen only these levels are in decision panel and only vp avp getting cut. Which makes no sense though because they again hire new resources for those positions once the wave is crossed. They don't have any idea what are they doing (an ordinary VP has better understanding) just thinking themselves as king and cutting people they don't like not on merit.


I feel like we are drowning in advisors

Everyone has an opinion and a certificate on the wall, but nobody seems to know how to actually run anything anymore. Where is the management that has done the job before and can make a call? Because I am not seeing it. What I see is vague suggestions, meetings that end with no clear decision, and then people just doing whatever they think is right. Give me a real leader over a room full of advisors any day.