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The points you highlight are very valid, but you cannot just say it had nothing to do with remote work. >Long after Wall Street ordered its bankers back to the
by superyesh 4y ago
The points you highlight are very valid, but you cannot just say it had nothing to do with remote work.
>Long after Wall Street ordered its bankers back to the office, the California-based lender’s chief executive, Greg Becker, at times worked from Hawaii, president Mike Descheneaux decamped to Florida, chief risk officer Laura Izurieta was based in a suburb of Washington and general counsel Mike Zuckert worked mostly from New York, according to several people close to the bank.
I have noticed quite often that a lot of things to fall through the cracks irrespective of how many meetings you have on zoom. A lot of catch up happens offline in informal conversations. This might be mitigated on an IC level mostly given that a good team might have a well groomed backlog being fed to them. But at a leadership/design level things are still more informal and might take a few years to get to an efficient level. So dismissing that remote work could have led to a gap is probably being very narrow.
The way I read this was the leadership did not handle remote work well and feedback did not flow bidirectionally well across multiple levels. When in person sometimes luck/chance just happens and might be enough to mitigate huge issues.
edit: from the downvotes looks like remote work is an untouchable topic and has nothing wrong with it. /s
- fsociety 4y agoIf my bank requires luck to practice risk management then I am keeping gold bars under my bed.
- superyesh 4y agoI just meant any organization can/has an informal structure and has to mature into a remote work structure which is relatively new.
- signa11 4y ago``` The way I read this was the leadership did not handle remote work well and feedback did not flow bidirectionally well across multiple levels. When in person sometimes luck/chance just happens and might be enough to mitigate huge issues. ``` got it, leadership relies on luck/chance to mitigate huge issues ... (O_O)