Yeah, this is kind of the issue with walling the workers off from the success of their product and converting it all into poker chips for other people to play with. Imagine how different things could be if everyone's pay grew with the success of the company.
“No employee ever wakes up and says, ‘I’m so excited. I made another penny a share today for Panera’s shareholders,’” Shaich told Business Insider in an interview. “Nobody cares. You don’t care whether your CEO comes or goes.”
In case people read the title and not the article.
Read the article. He’s saying that being necessarily disconnected from frontline operations is a challenge of being a high level executive that must be overcome.
This is the power of propaganda. Not even the CEO cares about making money for shareholders. They care because it makes them more money.
But corporations will pay money to “think tanks” who provide “studies” that show people are really motivated by pizza parties. Then they publish those “studies” in industry magazines, newsletters, etc. Then the widestream media picks it up and reports it as truth. Other companies like what it says and start to parrot it.
And then we have conversations about it like there is ANY validity to it at all. We shouldn’t even be talking about this.
Not sure of your point. You think the CEO does that out of the goodness of their heart? Or because they just love obtaining funding? No one works for any reason but to make money for themselves. CEOs included. Yet it’s debated like it might not be true - which is a ridiculous notion.
Edit: My comment was not trying to educate people on the corporate duties of the CEO
Lol, you’re cherry picking a sentence and then addressing it totally out of context. I think you might be insane, but here’s one last try: Why does the CEO go to work? Why do you go to work? Why do you do the tasks that are required of you in your job? Why does anyone? MONEY! Would you go to work if they didn’t pay you? Would the CEO? How about for pizza parties and pats on the back? Fuck NO! Why is that such a difficult fucking concept? Like I said before, this shouldn’t even be a discussion. The propaganda is so powerful, it has created corporate bootlickers, like I’m worried you are, whose brains glitch out when you try to claim CEOs work for money.
To raise money from shareholders while executing on large-scale vision for growth and development.
Why do you go to work?
I build training departments.
How about for pizza parties and pats on the back?
It’s telling that you think this is a real thing people take seriously.
Why does anyone? MONEY!
I genuinely feel bad for you. People with real careers are actually passionate about what they do. I can make money doing all kinds of shit. I work at my job because I enjoy it, and because I help people climb out of bad situations, not because it pays me the most money. If I wanted the maximum money, I’d still be in sales
It’s telling that you think this is a real thing people take seriously.
That’s literally what this whole thread is about: Companies trying to constantly motivate with things other than money - but only for the lowly workers. You keep trying to shift the argument to corporate duties, or talking about WHAT you do instead of WHY you do it. You’re being childishly frustrating on purpose.
I’m glad you’re motivated by your job, and by pizza parties, and pats on the back. Good for you. Be sure to tell HR tomorrow they can give your pay to the CEO instead. You’re so self-fulfilled and all.
And also I work from home and we don’t have pizza parties at all. In fact, a significant part of my job has always been cultural development for various companies.
You don’t seem to understand the “pizza party” thing is just some shit you made up
Be sure to tell HR tomorrow
At my current company, I am already in the HR department. My boss is already aware that I took a $4,000/year pay cut for my current opportunity.
Sorry your job sucks but perhaps you’ll have a better one after college. Market is really good for employees, so hunt around. Hit me up for interview tips.
The overall article feels like a blog post in effort and quality of content.
At least one founder and former CEO agrees that the idea of boosting shareholders’ returns isn’t likely to be a key motivator to workers these days.
I love how the number is so low they only managed to find one fucking founder/former CEO that acknowledges it.
(Panera’s former CEO) Shaich said that he believed a key part of good management is connecting with and understanding employees and that he is a big proponent of therapy.
Ah yes, I see that your minimum wage is affecting your mental health. Here, go to therapy. Not during work hours, obviously. And we ain’t paying it.
“I always say that therapists belong in the C-suite,” Shaich wrote in his book, “Know What Matters: Lessons from a Lifetime of Transformations.”
My man, if your company needs a therapist and none of the jobs involve dealing with heavy stuff (crimes, abuse, jail, etc), then the company is a hellhole. If “therapists belongs in the C-suite”, then your company must be the ultimate source of evil.
Christ, you aren’t kidding. The article is clear that he is saying it’s too easy for higher ups to forget that employees don’t have an investment in the success of the company overall, and that they need to try to empathize with their employees more.
Except it dances around it and has this idiotic title. Fucking trash website.
The fun thing about articles like this is skimming the comments and seeing just how many people absolutely will not read articles under any circumstances.
“Sorry, we’ve reserved all that stuff for our shareholders and executives. The best we can do is a pizza party. You want more? Fine. We’ll generously toss in some store bought cupcakes. Now get back to work! Our executives and shareholders want more money!”
Why the fuck do I care about shareholders when I’m typing to survive. My primary effort is for me not some rich fool. Hell all my work is just to benefit someone else much better off.
When is it for me and my future? I’m never paying for Panera again.
“So much of what running a business is about is figuring out ‘how do I connect with people?’” Shaich told BI. “What motivates them, and how do I help them decide to affiliate with what the mission of the enterprise is?”
Money!Seriously, I don’t want to connect with my CEO. Maybe a pizza party is just what I need
Add comment