I confess, the rage bait got me. What a garbage article.
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 even the CEO cares about making money for shareholders. They care because it makes them more money.
This is not how this relationship works at all.
One of the core responsibilities of a CEO is obtaining funding, which means you literally sign growth contracts with shareholders for expected ROI.
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
They do it because it’s their job. The literal job of a CEO is to fundraise via shareholders.
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.
Not the onion material here lmao
How out of touch is this asshole?