The Real Trickle-Down Economics Part II: The Corporate Paradox
In my last article I stated that “In publicly traded organizations, ownership is divided among shareholders, and CEOs are hired by a board elected by shareholders. 71% of whom are institutional investors that are investing on behalf of someone else with promises of returns. Thus, executives prioritize shareholder interests, and their primary customer is the shareholders, not their employees, not the purchasers of their products or services.”
This is why salaries have been stagnant for decades and the prices of products and services are constantly on the rise to promote their agenda of infinite growth. However, in reality, this only contributes to inflation.
The Real Trickle-Down Economics Part I: A Cog In The Machine
I often hear companies say that their people are their most valuable asset, and yet they are the first thing to be cut and the last thing they invest in. Treated like a renewable resource, labeled COGS (cost of goods sold), and then organizations wonder why employee engagement, which has rarely been above a third of all employees, is on the decline (See: U.S. Employee Engagement Slump Continues).
The Ugly Reality of Agile and DevOps
The Agile and DevOps world is plagued by confusion, misinformation, and #FakeNews due to the industry’s obsession with tools and processes which have led to a grave misunderstanding of these concepts. Further exacerbated by snake oil salesmen and the certification industry. In this article we expose the fallacy of treating Agile and DevOps as mere checklists for “best” practices, and urge you to break free from the tool trap in order to embrace the true essence of agility.