Management By Fear & Crumbling Morale
Pros
-Great people to work with -Competitive compensation & benefits (Profit Sharing, Rec Facilities, Day Care, etc.) -Good focus on community benefits in the cities/countries where they operate -Large company with opportunities for some to advance (but brakes are being applied)
Cons
Over the past 5 years the previous senior leadership that was grown & nurtured in-house has been replaced with external executives who are instilling a new corporate culture built on fear and intimidation. The recent 12+ month 'transformation' gutted and reorganized many teams - some for better but most for worse - all the while killing morale and productivity. Anyone with experience in Change Management would recognize this company's missteps in an instant, and many good & talented employees have seen the train wreck and left for better opportunities. Many others are counting the days until retirement and hoping to hold on for the roller coaster ride. The company and CEO proselytize the "This We Believe" principles. The key quote found all around campus is "The goodwill of people is the only enduring thing in any business. It is the sole substance...the rest is shadow!" Unfortunately, this principle of goodwill has been relegated to the bottom of the paper shredder bin. Successes built on supporting your employees, taking risks and learning from mistakes is being replaced with focuses only on bottom lines, unobtainable cost savings targets and micro-management by fear.
