Gosh, I hope so! An email went out today that all managers need to complete them. They look like legit evals like I have done at other companies versus the bogus "Igniting Performance Conversations" that have gone out the last three years. Anyone have any insight?
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50 million is a waste. Amazon is an OK website, not great. Amazon invests in making fulfillment as efficient as possible. All fulfillment at Follett is labor intesive, expensive to ship and many times not even in stock. Fix the back office systems. Follett will never have traffic other than those stores that we lease. Without the leased stores, eFollett would have very little traffic. Combine this 50 million with 30 million CorePOS and what do you have to show for it.
Whether they do it right remains to be seen but give up is not a solution. When you've lost it's best to concede rather than throw good money away. If 50 mil is a good start and not giving in to failure why not a 100 mil or 1/2 a billion?
Do you REALLY think 50 mil is going to make a difference against Amazon who Is shopping around for a 2nd HQ location and has government entities looking at giving them 7 or 8 BILLION in tax cuts for them to select their city/state. Really poor long term strategic planning.
How can people be against investing in ecommerce? A business has to to survive. Our website is a dinosaur in need a complete technological overhaul. We have no mobile presence. Whether they do it right remains to be seen but give up is not a solution.
I'm not sure about this 50 mil investment into eCommerce. How could anyone believe that 50 mil would make them competitive with the Amazon? That’s 50 mil the family will never see again and they will probably give the genius that sold them on the scam a promotion and raise. Sad, just sad.
Financial acumen, breadth of knowledge, and successful results are not valued. Those will never get a person promotedor a raise here.
To the poster below... RE: Talent. My impression and the impression of our partners with whom I have spoken outside of the campus is that Follett does not value talent. Follett does not value innovation. Follett values paper pushers who do what they are told. For a Store Manager with financial acumen, with a breadth of knowledge about purchasing, retail and store ops, this job is like torture. It is a great job for a Store Manager who has worked themselves up from a temp associate to a team lead to a dept manager to an SM. Usually in just a few years too! Those of us who have been in true independent and autonomous Retail Management, Purchasing , or Finance positions know how flawed this system and its "values" are. We are losing a ton of money because of the mentality of "this is the way it has always been done" and severely underpaying our associates.
Do you guys really think Follett is even remotely close to filing for bankruptcy? I haven't seen any indication of it. What have you seen?
That said.... I'm not sure about this 50mil investment into eCommerce. I still haven't seen any changes or improvements. I also think it was a ridiculous investment and would have been better served by reinvesting in the brick and mortar stores as this is their only advantage over online retailers like Chegg and Amazon. There are a few stand-out stores and the rest look like cobbled together thrift stores with mismatched fixture and terrible lighting. Who wants to spend their money there let alone walk in there in the first place?
I can't believe who a company with a 140(?) year old history has managed to secure as many contracts as it has with the most limited of commitments and investment.
When have you (ever?) seen anything about STUDENTS or EDUCATIONAL OUTCOMES as a part of the rhetoric surrounding the Follett Values? But we do see a lot about "strategic partnerships" and brown nosing to campus executives. Enough is enough.
I can't wait until these penny pinching bastards file for bankruptcy. They are doing everything in their power to ensure that any manager with the slightest bit of talent leaves for greener pastures. You can only expect people to take it up the a-- for so long before they decide to jump ship.
Really?!? You'll be happy with a 2% raise after 3 years of no raises?! Pathetic. That's sad that you value yourself so low. Follett really got a bargain with everyone foolish enough to stay.
The last raise was in 2015. Thank God there has been zero increase in cost of living expenses since then. 🙄
how many years since Follett gave raises? I honestly can't remember.
Your boss or management in general may put things in your employee folder. You have the right to examine the contents of the folder.
My RM wrote an eval in there for last year that he never gave me lol
This is the first time I have seen a performance evaluation in three years with the company. I've had to do informal "what are you proud of, what challenged you" conversations with my employees which I documented in myHR but my boss has never done so with me. This has actual ratings and metrics. I filled out my self eval and we'll see if my boss acknowledges it and does their portion. Fingers crossed that we'll see some sort of increase, however small!
Annual performance reviews are a best practice. I'm sure annual reviews are a tab in someone HR's binder.
Just more ways to waste our time instead of putting in text adoptions or working on hazard materials list.
Just doing the evals so we can identify our areas of opportunity for growth and to celebrate our areas of mastery. It's a toss up on the annual increase though.
And full evaluations year before w no raises. Just doing them to figure out who is next to be let go
We did full evals last year with no raises.