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Without growth, the only way to get promoted is to get a spot of some higher-up who left the company (or retired/died). Whereas, in growing companies, there are
by burntoutfire 5y ago
Without growth, the only way to get promoted is to get a spot of some higher-up who left the company (or retired/died). Whereas, in growing companies, there are new senior/management positions created all the time, to account for the growth - so, getting promoted is easier.
Ambitious, hard working people like promotions, so they gravitate towards growing companies and not stale companies.
- crgwbr 5y agoAmbition and hard work are hardly the same thing. Many people work hard at their job, are paid a good wage, and are satisfied with their job, rather than constantly seeking a promotion. Constant promotion seeking isn’t admirable, it’s just greed.
- DubiousPusher 5y ago> Ambitious, hard working people like promotions Ambitious maybe (though that's nearly the definition of ambitious). Hardworking, not necessarily. I know a cement guy that you have never in your life worked a harder day than who has never received a promotion nor even sought one.
- da39a3ee 5y agoSo is there anything to be done about it? How to avoid companies being compelled to seek growth always, to the detriment of their internal functioning/culture?
- jleyank 5y agoAs far as I can tell, don’t go public or be a regulated utility.
- royce 5y agoAm I the only one who thinks this sounds a lot like how pyramid schemes work?