For half a century, bankers and venture capitalists have been told that they are the only ones who matter, that companies exist solely to deliver the biggest possible return to them. That’s the gospel of shareholder capitalism, the doctrine created by Milton Friedman.
CEOs, under pressure from management consultants, business gurus, and academics, push employees beyond their limits.
Job seekers are having a hard time. 72% of job seekers report having shared a bad experience online on an employer review site, such as Glassdoor, on a social networking site, or directly with a colleague or friend. Furthermore, while only 61% of employers say they notify declined candidates about their decision, 65% of job seekers say they never or rarely receive notice from employers.
Sometimes I think the whole marketing ecosystem is broken. Outdated business magazines still are used as a soapbox for marketers who want to talk about themselves so they can become legends in their own minds. Great marketing people are the ones who understand how to listen to consumers and prioritize tactics by ROI to the brand.
Strangely enough, in today’s workplace there are situations where what you don’t know ends up being far more valuable than what you do.How can that be? Time and again, rookies who know nothing about a field come along and end up outperforming the veterans who have years of experience in the industry. This phenomena demonstrates the fact when it comes to the new game of work, learning beats knowing most of the time. That’s the essence of rookie smarts.