Comments on: How to overcome your boss from hell http://blog.alvinlim.info/2008/10/22/how-to-overcome-your-boss-from-hell/ Dare to dream ! Mon, 26 Jul 2010 13:34:30 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Alvin Lim http://blog.alvinlim.info/2008/10/22/how-to-overcome-your-boss-from-hell/comment-page-1/#comment-2957 Alvin Lim Thu, 23 Oct 2008 02:31:17 +0000 http://blog.alvinlim.info/?p=826#comment-2957 <b>@ Damien</b> That's why Wall Street is on fire now. All those "short term fixes" have finally come together to create a big mess. Local companies? If not for "relationship", I doubt they can survive. That's why 90% of them are relatively unknown in the global market. @ Damien
That’s why Wall Street is on fire now. All those “short term fixes” have finally come together to create a big mess.

Local companies? If not for “relationship”, I doubt they can survive. That’s why 90% of them are relatively unknown in the global market.

]]> By: Damien Tan http://blog.alvinlim.info/2008/10/22/how-to-overcome-your-boss-from-hell/comment-page-1/#comment-2955 Damien Tan Thu, 23 Oct 2008 02:20:30 +0000 http://blog.alvinlim.info/?p=826#comment-2955 There's a basis for this short-sightedness. In the US, Wall Street lives and dies by the almighty quarterly report. To pass this quarterly beauty parade, companies are forced to adopt short term solutions. They bypass tough fixes that might risk short term success. Regulatory bodies have long been nervous about how this is forming false economic bubbles. Over here I think its more because many companies are measured by their top line than bottom line. They can be very effective in promoting their goods while being very inefficient in managing cost. Try scoring some local companies on ratios like net profit per head and you could be in for a shock. There’s a basis for this short-sightedness. In the US, Wall Street lives and dies by the almighty quarterly report. To pass this quarterly beauty parade, companies are forced to adopt short term solutions. They bypass tough fixes that might risk short term success. Regulatory bodies have long been nervous about how this is forming false economic bubbles.

Over here I think its more because many companies are measured by their top line than bottom line. They can be very effective in promoting their goods while being very inefficient in managing cost. Try scoring some local companies on ratios like net profit per head and you could be in for a shock.

]]> By: Alvin Lim http://blog.alvinlim.info/2008/10/22/how-to-overcome-your-boss-from-hell/comment-page-1/#comment-2949 Alvin Lim Wed, 22 Oct 2008 15:17:49 +0000 http://blog.alvinlim.info/?p=826#comment-2949 <b>@ Damien</b> That's why most companies can only see solutions to fix short term problems but cannot see long term problem is coming their way. Their mentality is more like "if they can survive for one more day, then they will do it without thinking of what might happen 2 days later". @ Damien
That’s why most companies can only see solutions to fix short term problems but cannot see long term problem is coming their way. Their mentality is more like “if they can survive for one more day, then they will do it without thinking of what might happen 2 days later”.

]]> By: Damien Tan http://blog.alvinlim.info/2008/10/22/how-to-overcome-your-boss-from-hell/comment-page-1/#comment-2936 Damien Tan Wed, 22 Oct 2008 03:14:11 +0000 http://blog.alvinlim.info/?p=826#comment-2936 In this instance, I'd say 1/3 the blame lies with the female boss, 1/3 lies with the idiot who promoted her to become boss, and 1/3 lies with the ceo who approved the promotion. Most companies claim they manage by objective i.e. who cares if their managers are complete idiots as long as they deliver results. My own study says these co's can get revenue BUT the cost of mismanagement often reduces or cancels out any profit they stand to make. So what's the point if $$$ comes in left pocket and goes out of right pocket to pay for unplanned recruitment cost, retraining cost, project delays and opportunity cost. Idiocy can go all the way to the top. In this instance, I’d say 1/3 the blame lies with the female boss, 1/3 lies with the idiot who promoted her to become boss, and 1/3 lies with the ceo who approved the promotion.

Most companies claim they manage by objective i.e. who cares if their managers are complete idiots as long as they deliver results. My own study says these co’s can get revenue BUT the cost of mismanagement often reduces or cancels out any profit they stand to make.

So what’s the point if $$$ comes in left pocket and goes out of right pocket to pay for unplanned recruitment cost, retraining cost, project delays and opportunity cost. Idiocy can go all the way to the top.

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