Why are SVPs and VPs demanding for bigger and bolder targets for 2026? So that they can get their bigger bonus and LTI options?
7 replies (most recent on top)
@m3 this was a favorite Jack Welch GE tactic. Set outrageous goals for the workers bees and give them crumbs because they didnt hit the targets. The upper echelon sets similar goals but with a number of one-offs to modify (lower) the targets for just about any reason (blame tariffs. Etc) BB and his cronies get their millions. Voila! Should have thought of this myself.
Set unachievable targets, keep large contingency, everyone misses but magically BB and his cronies make their numbers and get huge payouts. Rinse and repeat!
The goals dont look achievable. They are there to set the natural attrition as HR modify the performance rating back to 5 points system. No more nice guys as BB clamps down on rewards system.
BB will give them their targets and then they will bark out orders as if they themselves came up with the outrageous "stretch" goals.
BB has his hand so for their arses that he's moving their lips.
Your job opportunity and your raise will not come with mediocre growth or no growth. They can’t teach this in the intern program how costs increase and the growth has to cover this for you to have a job and get a raise. Lesson 2 will come later
Bigger my foot!! B@lls to the greed!!
Were you a part of the summer intern program? This is how every year starts. Sell more of the same and get more margin!