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Simon Sinek has a really great point about companies endlessly pandering to shareholders, basically being equivalent to sports teams endlessly pandering to fans

Simon Sinek has a really great point about companies endlessly pandering to shareholders, basically being equivalent to sports teams endlessly pandering to fans. The objective of a truly good coach/leader should be to successfully accomplish a goal, and often that will require making some portion of your "fans" unhappy. If coaches acted the way modern CEOs do, they'd only ever run one play

hef19898 4y ago
Simon Sinek is a LinkedIn influencer with very limited insight into anything beyond sounding smart and sellong self-improvement books.
- dylan604 4y ago
  >is a LinkedIn influencer the fact that this is a thing just makes me sad
  - gremlinsinc 4y ago
    I didn't even know this WAS a thing, I could probably do this between myself and ChatGPT and make millions. ;)
    - hgsgm 4y ago
      Are you prettiet then Simon and a smoother talker? It's a crowded competitive market. The content has always been the easiest part.
      - shapefrog 4y ago
        You also have to have no shame or dignity.
arnvald 4y ago
I blame the short-term thinking for this. Everyone wants to see constant progress, there has to be growth every quarter, otherwise the stock goes down, investors are unhappy, CEO has to explain himself and promise quick recovery. It happens in sports, too - a new coach is hired, and they get kicked out after a year, because the team didn't show much progress. But often it just time to work on fundamentals, build something new under the hood, maybe introduce changes in training/org structure/hiring, and only once it's done the progress can be visible. But fans/investors/owners always want it NOW. What are examples of large companies that said "if we want to be on top in 10 years, we have to undergo a transformation, and stop thinking of short-term gains"? Meta is the only example that comes to my mind (though I believe their strategy won't really work, so not the best example).
hgsgm 4y ago
Google only has 2 shareholders to pander to. Everyone just gets to sit and watch unless he's unambiguously destroying huge amounts of value.

hef19898 4y ago

Simon Sinek is a LinkedIn influencer with very limited insight into anything beyond sounding smart and sellong self-improvement books.

dylan604 4y ago
>is a LinkedIn influencer the fact that this is a thing just makes me sad
- gremlinsinc 4y ago
  I didn't even know this WAS a thing, I could probably do this between myself and ChatGPT and make millions. ;)
  - hgsgm 4y ago
    Are you prettiet then Simon and a smoother talker? It's a crowded competitive market. The content has always been the easiest part.
    - shapefrog 4y ago
      You also have to have no shame or dignity.

arnvald 4y ago

I blame the short-term thinking for this. Everyone wants to see constant progress, there has to be growth every quarter, otherwise the stock goes down, investors are unhappy, CEO has to explain himself and promise quick recovery. It happens in sports, too - a new coach is hired, and they get kicked out after a year, because the team didn't show much progress. But often it just time to work on fundamentals, build something new under the hood, maybe introduce changes in training/org structure/hiring, and only once it's done the progress can be visible. But fans/investors/owners always want it NOW. What are examples of large companies that said "if we want to be on top in 10 years, we have to undergo a transformation, and stop thinking of short-term gains"? Meta is the only example that comes to my mind (though I believe their strategy won't really work, so not the best example).

hgsgm 4y ago

Google only has 2 shareholders to pander to. Everyone just gets to sit and watch unless he's unambiguously destroying huge amounts of value.