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Cake day: August 4th, 2024

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  • I think there are two things. There’s definitely a level of brainwashing where mediocre MBAs who have built a career on “failing upwards” project their own lack of scruples onto their workforce i.e. “if I worked from home I’d just play golf all day so I assume this is true for everyone”. They genuinely don’t understand management models beyond micromanagement because they have no frame of reference for “self-motivated” or “autonomous”.

    Then the other factor is that many of the c-level execs at these companies or their bosses (the board) have commercial real estate portfolios. Propping up the value of those units is contingent on companies renting office space. The bosses know which side their bread is buttered and even if they don’t have skin in the game directly will happily do favours for ‘friends’ who they want to impress to help them climb that next rung of the ladder.