If The Company Wins, The Employees Win. We All Win.
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I promised it on my first day on the job – Feb. 1st.
A couple of weeks later, I wrote to you and blogged that we would have it done in a couple of weeks.
A couple of weeks after that, I said it would be ready – you guessed it – in a couple of weeks.
Well, it took four months but we finally have it done. Today, I am proud to unveil Journal Register Company’s first-ever profit-sharing plan. All employees should check your email, you will find a letter from me to participants along with an official description of the plan.
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This doesn’t inspire confidence on several levels.
First, doesn’t the CEO have a secretary with a calendar to help him meet his commitments? Either way, any way, that doesn’t bode well for him as a leader. Can you imagine Eisenhower, Bradley, or better yet, Patton, failing to meet a promise made to his men in his command. If you can’t meet a relatively easy self-imposed deadline, then why should the troops believe what you say about the hard things?
Second, are you such a bad leader that you can’t estimate time: two delays and a three month silence (by your own measure). Disgraceful for a leader. And a leader who want to go digital? What email wasn’t working? Was there weekends off mixed in that four months? (My best / worst boss used to have Saturday staff meetings for ALL his executives when there was a Customer facing screw up or our availability fell below standard. Needless to say, that didn’t happen often. But, boy, it communicated his expectation to the organization!)
Third, a rank and file person doesn’t have the same level of commitment as the (well compensated) executives. The old joke about “in making ham and eggs, the chicken is involved but the pig is committed” plays here. The honchos are much more able to survive the failure than the workers. The target is an extra week. And the CEO’s bonus is how many weeks?
Sorry, but If I’m down at the bottom of the organization looking up, I’m not seeing anything that inspires confidence.
Same old “barbara streisand”!
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