Every week a talented colleague is leaving. And it’s not just malcontents, but includes people who drank the cool aid from a Big Gulp. Just found out another one today. The talent/brain drain is staggering! The executives are getting what they wished for. I hope they are happy. Once this train accelerates it will be tough to slow down.
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@ff “ They never make bad decisions, there is only bad implementation of their decisions by others.”
Such a true statement. Just like how when they made the case for change several years ago there was zero accountability for getting us into a position where we lost our edge.
Until the churn all the HR policies are causing results in loss in reliability, safety and/or profits (with profits being the only one that matters), there will be no change. These policies will eventually hit the bottom line and the hope of DW is that he can just back up and get back to "good" but those of us living it know it's a cliff not a gradual slope. There is no backing up as we will be at the bottom of a very deep canyon.
Of course, DW will never admit it was his decisions that led to this because he told his direct reports to, "not do anything stupid" when trying to implement his vision. The ego of these CEOs cannot be exaggerated. They never make bad decisions, there is only bad implementation of their decisions by others.
It used to be just early career folks an PIPs leaving.
Plenty of mid and later career employees don't see a future left at EM and are voting with their feet. DW's push to cut jobs, move work offshore, and outsource doesn't translate into many progression opportunities.
One of my favorite games is to go into LinkedIn and search my contacts by "ExxonMobil" as a former job, not current. I have been shocked by the number of people with 20+ years at the company who have left. Most of these were really good employees who contributed significantly. And they are leaving mid-cycle so it's not a PIP issue.