Comments on: Goldman and the culture-killing lesson being ignored http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/ Fri, 12 Oct 2012 21:02:59 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: hangbaobei http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-676 Thu, 31 May 2012 03:34:44 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-676 This sounds like a description of the C levels and the board. No one is going to fire them, unless they end up in jail, which would be a good start.

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By: lhathaway http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-576 Tue, 27 Mar 2012 14:30:54 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-576 ‘Which leaves the type of employee who most commonly brings companies to their knees: the one with the great numbers and crummy values. The employee who doesn’t share ideas with co-workers, who belittles customers behind their backs, who kisses up to the hierarchy but kicks down his own people – all while bringing in the numbers.’

This sounds like a description of the C levels and the board. No one is going to fire them, unless they end up in jail, which would be a good start.

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By: Welred http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-568 Mon, 26 Mar 2012 01:04:51 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-568 Just a public service here:

@moirad: no such thing as “…could of.” You’re trying to say the contraction for “could have,” which is “could’ve.”

@satsangi: the latin phrase is “per se,” not “per say.”

Not trying to be a jerk — your points are well made; but grammar/spelling mistakes make it too easy for someone to dismiss the substance of your comment.

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By: SailorBob http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-567 Sun, 25 Mar 2012 20:31:53 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-567 Jack
Again your history of good management and thoughtful analysis shows just how important those tenets are to a business. In spite of some poor choices in the finance side the GE manufacturing body thrives in good times and makes money in bad times.
For those who doubt just how corrosive “big hitter/nasty guy” folks are to your business, take a look at those corporate collapses, such as Enron, where the bucks were the only measured scale of performance. If any organization is not abiding by decency and respect for all contacts, customers, vendors, workers, and sales, they inevitably fail. My own experience in Wall Street proved this beyond doubt, somewhat to my regret.

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By: GMavros http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-564 Sun, 25 Mar 2012 14:19:13 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-564 The obsession with Greed, Money, Power & Corruption are a world wide epidemic.
Ever since we Homo sapiens (humans) evolved into a intelligent species, we have been obsessed with money, power & the possession of wealth. One would think that by now, after millions of years of evolution, we would have been civilized. Ethics, has been nothing more than a philosophical game ever since Plato & Aristotle.
Why is it that not a single school has a mandatory class in ethics ? Who are we ?
I love & respect animals more than humans.

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By: tmc http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-563 Sun, 25 Mar 2012 12:27:01 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-563 Very well said IQ160. Neutron Jack knows this too. He is a very smart and wise man. I still think he is a 20th century relic too that should just be content with his island retreat. But people like him can’t stay out the lime-light, so we have to put up with him. So, I have to agree with GA_Chris too. Jack is a kingpin in the corporate world, hence should not be trusted at all. He is a master at manipulation, graft, and the sophist guile. The reality of our corporate cultures is you don’t get to be a high ranking global leader unless you are a master sophist.

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By: KevinChanLee http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-562 Sun, 25 Mar 2012 11:57:53 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-562 If the organization’s culture is sincerely values based, wouldn’t the organization initially want to coach the employee and use firing as measure of last resort if the employee hasn’t learnt/understood the error of their way through consistent displays of untoward behavior, where the company’s values culture is concerned.

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By: iq160 http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-561 Sun, 25 Mar 2012 00:56:16 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-561 Culture is a description of how people act and treat each other. It is the common values that actually occur and not what is simply claimed. However, the Progressive Liberals have been busy removing any “morals” from our culture. What is left is simply what is legal and what isn’t.

That is further enhanced by the big government approach where the govt tells everyone what to do because it knows so much more. Of course no amount of laws can cover every circumstance so people go looking for “loopholes” (intentional or not) to exploit and claim that they’ve done “nothing wrong” because it wasn’t illegal. We’ve replaced any moral interpretation of actions with strict legal definitions.

To worsen the situation, we then lose sight of “right and wrong” when those same Progressive Liberals talk about “social justice” which is simply politically favoring one group at the expense of another. At that point, we have neither morals nor laws guiding us, just what the current political masters let us “get away with”.

That is true in companies and corporations, it’s true in government and it’s true in larger society. How people behave doesn’t change when they’re at work, it’s how they were raised.

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By: GlobalJackie http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-560 Sat, 24 Mar 2012 22:27:32 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-560 “An organization’s culture is not about words at all. It’s about behavior – and consequences.” — Yes. Exactly. If a person is not a good fit, then s/he must go; staying is bad for everyone. This is even true when the culture may be vilified as being soulless and profiteering bc even that is a culture in and of itself.

Good read. Alternate take.

@GlobalJackie
http://www.theglobalroundhouse.com

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By: rissey http://blogs.reuters.com/jack-and-suzy-welch/2012/03/23/goldman-and-the-culture-killing-lesson-being-ignored/#comment-557 Sat, 24 Mar 2012 09:50:12 +0000 http://blogs.reuters.com/jack-and-suzy-welch/?p=91#comment-557 “Do as I tell not as I do” – the luxury of a CEO. Who is to fire the CEO that falls into the “Number/No Values” matrix when most Boards are an assemble of like natured personas?

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