The more I interact with top management the less impressed I am. Conflicting guidance constantly is given. They even conflict their own stated written strategies and policies. They want everything and refuse to make decisions on trade offs instead just yelling about how they want to be top quintile in every metric even ones that are obviously in direct conflict with each other. How is it leadership to make no decisions in tradeoffs and constantly just yell about wanting it all?
6 replies (most recent on top)
@150 We seem to succeed despite our best efforts not to do so
@150 that is after a lost decade (2010 - 2020) of XOM share value appreciation due to poor investment decisions which resulted in the board challenge in 2021 …
Shareholders seem happy
They are not here to impress employees it's all about share holders...
Management is very mediocre. It's unfortunate that the world still needs oil that these guys survive.
I'm amazed by the consistent irrationality they display. I find them to be the root cause of productivity losses. All they do is ask for more data/dashboards on which they argue about fonts and graphics. This is done to hide the fact that they're incapable or unwilling to make a decision.