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Mortgaging the future to pay for the present. All of these executives are operating under the pretense that they won’t be held accountable when in 10-15yr thei
by HolyLampshade 22d ago
Mortgaging the future to pay for the present.
All of these executives are operating under the pretense that they won’t be held accountable when in 10-15yr their middle bench is a disaster, and they’re probably right.
- morkalork 22d agoThese executives are going to get some short-term performance based payout and move to another company while talking up the "Bold AI transformation" they lead waaaay before any fallout kicks in. Notice how there's less "We moved to Cloud / on-prem" slop on LinkedIn? It's because the same people have a new bandwagon to chase.
- HolyLampshade 22d agoOf course! I have the curse of working/having worked in the financial sector, so all of the “Linkedin People” I know moved from crypto horseshit to AI horseshit. Before that it’s just as you said, cloud horseshit. Can’t wait to see what horseshit is next.
- NoMoreNicksLeft 22d ago>All of these executives are operating under the pretense that they won’t be held accountable when in 10-15yr their middle bench is a disaster, and they’re probably right. If everyone's middle bench is a disaster, there's no one that did it right to contrast their poor decision-making. They're hiding the evidence that will help them skip accountability.
- HolyLampshade 22d agoI think the sad thing is they don’t even have to hide it. Absolutely no one will be held directly accountable for these decisions, either because they’ll be retired, or the “responsibility” can be whitewashed through organizational decision making. As another commenter mentioned, they’ll all get their performance bonuses, and by the time the bills come due either they’ll be gone, or no one will know why in the hell they’re in the situation they’re in. Middle bench decay is like some sort of complex immune deficiency. No one can quite put their finger on what’s wrong, but the org can’t pull its collective head out of its ass. For many companies this happens naturally as it progresses from the dynamic operating environment of high competition to one of maintenance. Staff levels bloat and after a while no one has a grasp on the big picture and the institution forgets why it’s doing what it’s doing. What’s amazing to me is that these companies that are lighting their hiring process on fire are willingly accelerating this process.