Door: Isa | Geplaatst op 22 november 2015 om 10:58
in a 2006 paper that narcissism among chief eveuctixes encouraged more volatile company performance. In a study of 111 chief eveuctixes in the technology industry, the authors found that indicators of narcissism correlated not only with company performance but also with the pursuit of deals. My one quibble with the book Snakes in Suits is that it creates a threshold for dysfunctional behavior. What I have found is that many lives have been ruined by people who do not meet a clinical or legal standard that would bring attention to themselves.Everyday people are put in positions of dealing with supervisors who do everything in their power to undermine their accomplishments. Rightly in the book the point is made that the old system of vetting employees is gone. In the fast paced world of today many go getters are simply hiding problems behind quick promotions and job transfers.As the article states we need to be more open about the performance of people at all levels.Steve Lucas
Door: Lucimario | Geplaatst op 23 november 2015 om 12:53
DFA is a monolithic orzitaganion where its management does what it damn well pleases. They simply are not held accountable to the majority of dairy farm owners. In that regard cooperatives are very similar to large corporations today. At least with corrupt or failing corporations runaway/inept management is eventually reined in due to things like a published stock price, enforcement of SEC regulations, stockholder voting, and access to detailed annual reports, financial statements, etc. There are examples of corporations where poor corporate management was eventually held accountable or at least exposed GM, Lehman Brothers, and Citibank to name a few. Maybe we’ll add Deans Foods to that list shortly! As a former DFA member (and corporate accountant by training and dairy farmer by choice & passion) I can tell you that none of the “controls” mentioned above exist for cooperatives such as DFA. Unless I wasn’t clever enough, or I was too tired, I could never “break through” to gain any information at DFA let alone try to exercise my so-called “ownership” rights!All I remember receiving was some watered down & worthless annual report and Gary Hanman’s monthly folksy newsletter telling us (back in 2006 I believe) that perhaps some of us should find another line of work! I’m paraphrasing slightly but that was the gist of it! Pretty insulting eh? Where else would a Chairman of an orzitaganion tell his owners (stockholders) that and get away with it? Answer dairy cooperatives!As was the case with AT&T it’s high time for these mega dairy cooperatives to be broken up, reorganized and regulated in such a way that they are more accountable to a majority of dairy farm owners! Only after the management at these various broken dairy cooperatives are held accountable to their “owners” will they be inclined to make decisions in the owner’s best interest.Hopefully that will translate into more profitability for dairy producers and more say in what happens in our industry.Just another pipe dream!