Suffocation From The Inside!
Or Inside Suffocation Kills!
At least one time or the other in our career life we must have heard the ‘despair and desperate cry’ – sadly he is suffocating (killing) the Company from inside! Have we sat and wondered what it all means?
A – The Film – Inside Job!
I was watching this film – Inside Job – and it reminded me of my June 2005 article
titled – Suffocation From The Inside!. For the full article – please go here in my website.
Inside Job is a documentary film about the world financial crisis of 2008 and originating from USA. The film describes “the systemic corruption then in the United States by the financial services industry and the consequences of that systemic corruption”.
The film focuses on changes in the financial industry in the decade leading up to the crisis – and the political movement toward deregulation. And how the development of complex trading such as the derivative market allowed for large increases in risk taking that circumvented older regulations that were intended to control the system risk A major theme is the pressure from the financial industry on the political process to avoid regulation – and the ways that it is exerted.
The film ends by contending that despite recent financial regulations, the underlying system has not changed much – rather the remaining banks are only bigger – while all the incentives remain the same. Importantly too, not a single top executive has been prosecuted for their role in the global financial meltdown.
B – The Column Article – Suffocation From The Inside!
The problems in many establishments are that personal and informal relationships have transcended the normal formal ones to such an extent that it is not what you have or know
that is important – but whom you know and what strings that you can pull. One can ask – where are the professionalisms, principles, transparencies, accountabilities and ethics? We have also seen in real life the wanton destruction, malaise, decadence and the wastages when the Top Guy so misbehaves.
Some CEOs are still on their seats despite continuous episode after episode of gross errors
of judgment, erratic, absurd, abrupt, unprofessional, unethical and weird behaviors and dealings to his own staff, customers, clients and the stakeholders. Those subordinates that had tied to made a point or stand out and stress these wrong things have in themselves been victimised. But he still reigns supreme – a great force to be reckoned with – just like the Dictator reigning supreme.
He always uses internal politics to divide and separate his own Team – just like that of the
General shooting at his own troops. The worst-case scenario is when he has very poor outlooks, assessments, stereotyping and perceptions of a certain group or an individual he does not like. He always sides with the Aggressor (or Guilty Party) against the real victim or at right person!
Meanwhile, his company had dwindled to minimal proportions unimaginable, and what was from a great force to be reckoned with in the past. With very dissatisfied, unhappy disenchanted and disfranchised staff on board – still looking outside – but have still not got the relief and break yet!
You will find out that in many cases the owners and the stake holders do not ‘want to rock
the boat’ any further – and either are very optimistic creatures or you can call them as ‘wishful thinkers’ – not having the guts and courage to remove these figures and put in new blood and
enterprise on board as a difference. Perhaps they have they given up – and are just waiting for the final news of the death of the sick and ailing company.
Some of the Senior Directors and Managers behave like schoolchildren in ‘personality clashes
syndromes’. In-fights, envies, jealousies, finger-pointing, accusations and double accusations are the order of day – the norm rather than the odd – the usual rather than the different and controversial.
To such style of Management – please grow up and act your age. Take your roles, responsibilities and what is required from you more seriously. There is nothing permanent or for granted – or a surety in life. Importantly, do not suffocate that establishment from within!
Majid Al Suleimany.