Anyone else is sick of the current corporate world?
I'm just getting more and more sick, first, of how corporate professionals act and communicate, and second, on how corporations act nowadays.
Professional communicstion: Using sophisticated words to communicate basic ideas / How emails got formatted with the "Dear X" followed by 54 extemely polite words telling me basically "check this doc plz" / Pushing bullsh*t ideas i.e. we're here doing great things or "I'm in finance because I'm passionate about...". Just stop it. Please.
We're doing all of that only to pay our bills. Why the fck everything needs to be so complicated, so bureaucratic, so "professional" (=/= value). That's a far cry of achieving a corporation's goal: Productivity --> Profits.
I really hope someday someone brings back the model of the corporation where raw work is appreciated and profit is pursued at all costs without the need to post on LinkedIn what a great culture you have and how your corporation "advances society" / without students put there only because of certificates / without the bureaucracy / without useless meetins and conferences to advance social ideas / without bullsht events / etc.
Someone may say that such corporations already exist and they're in SValley, but it isn't exactly entrepreneurship what I'm advocating for, instead, it's way simpler than that: A corporation without all the bullsh*t that surrounds all corporations nowadays.
Do you think that if you don't share how good a culture you have, your values, etc. you'll stop getting talent and clients? Fck no. High salaries = talent, and improving clients' profits = getting clients. That's it. There's nothing more. So why tf are we doing this dance of building an entire Disneyland/Wonderland of what corporations are and not accept it and act accordingly: A group of people gathered together to make money; and my continuation: Where all the bullsh*t is cut out. Do you think that my balls full of testosterone want to engage in a superflous small talk about how your weekend went to make you feel good? I couldn't give more fcks. I prefer to discuss if you came up with something creative to increase profits so I can understand if you deserve to share the office's O2 with your colleagues.
More on corporations: Do you think that making videos about your corporate culture shows seriousness? Participating in philantropic conferences? Showing how cool your offices are? WTF is all this milennial non-sense.
Maybe the most accurate thing that reflected a corporation was IB/HF/PE in the 80s. Pure and raw business. Nowadays corporations are like some type of agency where 50% is focused on profits and 50% focused on shtty endeavours.
bureaucracy / useless employees / milennial marketing / laziness -- that's how I see corporations nowadays.
That’s why it’s great not working for a big bank/firm. Fck all that bureaucracy - you’re right
Where do you work which is better?
Go work somewhere more entrepreneurial.. startup or small scrappy HF for example. Big banks are always going to do this stuff and if you don't like it you can easily find something else
Yup.
First, you can swear your fucking ass off here in OT. So don't worry about masqeurading it.
Second, going to push back slightly. Soft skills will still get you somewhere, even if it's learning to bullshit about the weather or the sportsball games over the weekend. Even going back to your ideal of 80's/90's, how else do I talk you into this deal?
Third, I will agree the culture videos on LinkedIn etc can be pretty cringe and over the top. It's not just millenials up in that business, don't forget all the white wine moms who just look at these and go "OMG! That's so inviting!"
professional communication is just getting along with people as per the setting of your environment. if you started talking street lingo like what's crackalackin on a client call that would probably be a bad idea for a good reason bro lol.
Just don't say "Sounds like someone has a case of the Mondays?"
I agree, that’s why I learned everything I could then started my own fund. I hate corporate culture; from the interview process all the way to exiting. No matter what they parade around as, big corporations will never give a fuck about you.
All you hardos talk about 80s IB/PE/HF like it's the golden years when the reality is you would be chewed up, spit out and out on the street by lunch. You would be on the 80s version of WSO with "my team is mean to me", "my associate is an asshole", "I can't do the hours", "never thought banking would be like this". They would likely toss you in a server room or broom closet to crunch numbers away from humans. Culture matters more than you think, and just high comp is not enough.
Also the youngest millenials are in mid 20s now. We have money, experience and are not sorry that employers need to harp on shit that are important to us.
Drexel Burnham Lambert was the equivalent of Moelis on steroids
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Lol. Someone in the RE Forum recently asked if they're in a "toxic" workplace.... because the interns weren't told well ahead of time that they weren't getting return offers.
Too much main character syndrome in the world today.
I just send emails that say. "Do this or get the fuck out."
Obviously I try and say it in a more diplomatic way, but I get the sentiment. AKA "If you're here to stay, you need to play."
Part of growing up is realizing that the entire white collar world is a literal scam and completely fake haha
Let’s get away from “stakeholders” and focus again on the shareholders.
You should read James Burnham's "The Managerial Revolution", he foresaw all of this and more...
So your definition of "pure" business culture is a time and place that you've only seen in movies? Because I doubt your sitting here trying to pretend as if you were working a sales desk and Salomons in 1987, right?
Maybe, just maybe, the issue is that you've built your idea around what a corporation "does" on the basis of a bunch of fictional representations made by Hollywood? And by "maybe" I mean, that is exactly what you've done.
And I don't know where you get this idea that the only thing that matters to profitability is productivity. That's unbelievably naive and almost charmingly idiotic. First off, avoiding lawsuits is a big deal, which is why so much communication is wrapped up in basic politeness and courtesy - screaming "hey bitch, get me XYZ" may sound like your ideal way of interacting with a secretary, but that's gonna lead to a major (and deserved) lawsuit. Second, customer service is important (to profitability, no less!), and drilling into people the idea that they should always communicate in a professional manner helps achieve that all the time.
Finally, people want to work places they think align with their values. Maybe not you - though I guarantee you the moment you get laid off you'll be on here bitching about how unfair life is, because suddenly raw work and profit isn't what is important, but doing right by loyal employees is. But many people do. So posting on LinkedIn, a site which many people use to job hunt, about how you're doing XYZ is good business - if it helps attract one competent employee who otherwise would've worked elsewhere, then it's worth it.
fuck that. the 80's were when everybody got soft. the 20's were the tits. WASPs only, no technology so you could charge whatever spread you wanted on a product, could fuck the assistants with reckless abandonment, smoke and drink in the office, and nobody had a camera to catch you and tort law was nonexistent if you were in charge.
in all seriousness, part of me wonders if nostalgia for times one's never lived in is just part of the human experience. my uncle worked in IB in the 80s for a top 3 firm, describes it just like today just with less covert cocaine usage and technological distractions. sitting around waiting for updates at all hours of the night on a bakeoff pitch from a sociopath
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