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To: Hobie1Kenobe who wrote (759)1/16/2000 3:47:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
not only group/org performance as part of compensation packages, but company stock options?

it is a double-edge sword though
when the company stops growing, it loses its best and brightest people to the next strong growth companies

the Fed is very unimpressive
Greenspan is quite impressive though in many respects
he constantly fights the ignorant oldmind thinking on the Board from crustified governors

I forget to mention the other myth, but you touched on it
it is that wages lead the inflation chain
if at all, wages follow in lagged form
wages are linked in lagged form with productivity gains
such wage gains are granted with tremendous reluctance

I refer to the masses, not those blessed with stock options

my VP on Friday in a calm conversation admitted that the exploitation and integration of extreme statistical talent into the corporate environment is a dismal failure... he agreed with my point, that point... I had said that the corp culture insists on bureaucraticizing the extremely skilled people, in forcing them to reduce their duty skill requirements as "good corp citizens"... I said to him pointblank "FXXX THAT: time to go consulting or teaching"... he agreed 100%, but struggled to argue that the corp will respond and fix the matter... I said "it will take you two years to reverse the trend, and then you will have other bureaucratized crapp to undo"... he agreed again

sometimes it is not worth arguing with me
the only only firms in this country I have ever seen adequately exploit and integrate extreme stat talent is statistical consulting firms founded by statisticians... then the problem is forcing 60 hr workweeks

I quit... where the hell is the beach?
/ jim