got the results for my team and, as expected, the lowest ratings are for corporate strategy and direction. There is confusion about roles and a much worse morale because of the new PMP system which is likely to disappoint many.
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@ps Our team's results were even worse than the June edition.
In one of the previous threads, people said the CES would put people to terminate because they are unhappy. That may be true, but if the CES results are as bad as people are saying and as bad as they were in June, they will need to terminate half the company.
@jc We bought Hess. There’s your production increase.
I do wander if the survey results are so bad, how come we are producing more barrels than ever before? I am not using as earnings as a success metrics as we know higher oil price is leading to record earnings. What gives?
If you don’t know where you are going, any direction will do.
@e9 corporate co-k swallowing nonsense. Yes they told the market they “did a thing” and clapped like trained seals. Except they did that thing in the most inept way conceivable - which isn’t having a plan or direction. They simple got sold an idea by external consultants, su-kered by the promise of “shareholder returns”, and then had neither the insight to realize it was nonsense more the skill execute that idea in even a plausible way. Remember when AGILE was implemented for “shareholder returns”? Sure worked out didn’t it!
@ap
I disagree. The strategy is maximizing shareholder value. The direction is whatever vector looks to meet that objective.
That's it. That's the post.
If you really want to give them feedback stop filling out surveys!
They’re terrible. No surprise really. Latest chatter about 2027 plans point to more fresh he-l.
But McKinsey did a brilliant job, and ought to be congratulated.
They are some of the worst in company history. Abysmal
Because there is neither strategy nor direction. The c-suite clowns demolished everything, put stooges in place, and assumed magically it would work out.
But hey, they all get those massive bonuses