- cross-posted to:
- wikipedia@lemmy.world
- cross-posted to:
- wikipedia@lemmy.world
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Dr. Lisa Su is a nice example, was appointed CEO when AMD was at the brink of collapse and she aced it
And now she is Trump’s bootlicker. Just like her cousin with NVIDIA.
CEOs are not our friends. There are no exceptions.
They’re both decent people. For example, Nvidia doesn’t do layoffs.
Survivorship bias explained in two short sentences.
And the Reddit one, took the heat then Mr. Pigboy came back
The Onion headline after Obama was elected in 2008 as the economy was starting to fall apart:
Chairman Pao being brought on to take the fall for accelerating Reddit’s downfall.
We all know it’s spez the cat fuckers fault. That’s not to mention he sucked up to Elon Musk like a kappa on a butthole.
I wonder how much of it is specifically giving power to women and minorities at the moment of failure vs there simply not being any white men available to take the helm when the ship is beginning to sink.
Sort of like when in the Middle Ages, the main way for a woman to rule a country was for all males in the line of succession to have died. See Elizabeth I.
The Old Boys Network protects its members, and does include giving them a friendly warning that something is a hot potato or poisened apple.
Once they all self-exclude for that reason, all that’s left is outsiders.
Mind you, the Old Boys Network is not a Men’s Network, it’s a “People From Very Specific Socio-Economic Origins” Network which for historical reasons is still mostly made up of males.
In practice that means the above mentioned “outsiders” aren’t just women, they’re also men from less priviledged backgrounds (which commonly includes immigrant minorities and at least their 1st generation descendants in the host country).
So yeah, people not in the “right” (having attended the right expensive schools, going to the right rich people get togethers, having upper class old-weath parents) social circles get given the top jobs only when none of the “proper” people want them.
Or actively assassinating all your family members, like Cleopatra VIII.
In her defense, given the inbreeding of her line and her recorded intelligence she was probably the only competent person for the job.
You mean Cleopatra VII? There wasn’t an VIII. Her father, Ptolemy XII, doesn’t seem to have been assassinated. He specifically wanted her to be co-ruler with her younger brother, Ptolemy XIII, presumably because Cleo was both massively more competent and not ten years old, but thought their vassals might not have accepted a woman as sole ruler. XIII didn’t like that Cleo was more popular than him and the real ruler of Egypt, so he tried to have her killed, starting a civil war. Cleopatra’s faction won the war when XIII actually managed to accidentally drown himself fleeing a battle. Cleo then married her youngest brother, Ptolemy XIV, to solidify her rule. She likely had XIV assassinated to make her son the undisputed future Pharaoh after her, but there isn’t anything resembling solid evidence either way.
I noticed this! I’ve never heard of this before, but I swear, I kept seeing women get roles on doomed ships within companies. Like the Twitter CEO, or Xbox head, of the top of my head.
Ursula von der Leyen won that race in my mind. It does count for politics too, right?
That one is not a women though, but a soulless psychopath corporate drone.
Theresa May would count for sure as well.
Europe is going that bad? I tought they were having problems but much or less being able to handle it.
Perhaps not at That Bad yet, but heading towards it. A case of the centre trying to out-right the right. And we all know how that goes.
Right Honourable Kim Campbell, first and only female Prime Minister of Canada for all of just over four months after PM Brian Mulroney tanked his Progressive Conservative Party.
Are we talking about Asha Sharma taking over Xbox right as they are closing Xbox studios? Basucally handing her a sinking ship? (I also don’t trust an AI CEO. Or any CEO for that matter, why trust a parasite?)
Yep, and now you will see it everywhere.
And it’s quite insidious too. What’s the woman to do when offered such a position, even if the dynamic is known and Crystal clear?!
Which is how you got both Theresa May and the lettuce lady.
In between you had Johnson to lower the bar even further. Buy May was basically handed a flaming bag of shit when Cameron noped out of the mess he created, and she had no chance of ever making it work the way people wanted it anyway. Mind you, while I think she was generally competent, she definitely failed to see she was signing up as the fall guy for this whole debacle.
Truss is a bad example of this because she actively chose to dive off the cliff.
Uhhh… are you defending Liz Truss?
Not really. I am saying Johnson took the whole level down so much anybody who’d want to inherit that must have been incompetent to begin with.
Kamala Harris as well
this is neither a secret nor news. it is well known they hand over leadership to someone who “takes the fall”. the company goes down, they can say they did everything right but the new captain fucked everything up.
This community is called TIL not today I uncovered a big mystery.
fair
Are these people not allowed to say no to holding the bag?
Be you: a black woman who has fought her way to upper management, but still not taken seriously and forced to live under a glass ceiling.
You know you are under paid from your colleagues, and had to work twice as hard to get there. You know things are going down.
Now is your chance to get that bag and cash out of a system that has continually oppressed you and fucked you over at every turn.
Do you sail the sinking ship and take the golden parachute? Or do you ride the sinking ship and drown with the third class passengers?
And of course, there is a chance she could actually save the company.
The idea of a “glass cliff” (referencing the glass ceiling) strongly implies that this promotion isn’t voluntary, and that there is some malevolence in the promotion, or at least some unfairness.
If the company is in obvious distress… don’t the candidates know better? Can’t they say “no” if it’s a rotten deal?
Or are they adults with agency who saw the deal for what it was and took it anyway?
From the linked Wikipedia article:
women executives are likelier than men to accept glass cliff positions because they do not have access to the high-quality information and support that would ordinarily warn executives away.
You conveniently left out the next sentence:
Additional research has indicated that women and other minorities view risky job offers as the only chance they are likely to get.
If you’re in the C-suite, you know enough to make an informed decision. And that boards always look for a pliant CEO.
And if you don’t know those things, why are you in the C-suite?
They aren’t scooping people up off the street and making them CEOs.
I’m no longer sure what point you’re trying to make, but I don’t think I’m disagreeing with you. As MrEff described, and as you quoted, an underprivileged person might choose to hold the bag even if they have all the information because it’s the best chance they could get. And as I quoted, an underprivileged person might not have all the information. Both of these things can be true, and both show ways that whole classes of people can be mistreated.
Huh… That happened in north American league of legends with the LCS director previous to thw current one.
Though it feels like a bit more than just a glass cliff kinda situation, we got a woman LCS director at a time when riot kept making absolutely shit decisions that everyone hated, and then they made a really shitty decision from over her head, if I remember right it later came out she had just gone on vacation or something, and they just let it seem like it was her decision.
She did not stay director… Which, frankly good for her 😅. I feel like I’m gonna see this everywhere now
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