Public companies are like a big tree whose roots are slowly rotting.
Decades ago, companies had their founders, who had a vision and style of managing their business. These principles are instilled into all the employees with the hope that those values are realised. In some companies, like the one I work for, on every other week, we used to have to repeat the good principles of being a company, that we have a purpose of serving the community, about being honest and fair and having integrity.
Alas with the company being a Public company and those hiring practices - these values have gone down the drain by now - we don't even recite them anymore. I guess because deep down they know they don't want to follow it anymore. Now it's all about the money. Honesty, fairness and integrity has taken the back seat - or are they even still on this journey?
We hear about the same thing in every corporate world - because the situation is similar. Those memes you see on social medias about dumb management and corporate talk - they are true stories.
Two main reasons :
1. Failure in the Far Western style education system, employment and HR practices.
In the Far Western education system, people are encouraged to further their studies as much as possible, with no exposure to the real world from when we are young until mid twenties. You are promised that when you complete the education, with a high qualification, it will a proof that you are that smart enough to come into the working world in a high position and with better salary. The higher the qualifications, the higher the position you can hold. Regardless the candidate have no intellect (memorising theories does not mean intellect and having the know-hows) or have no verifiable track records.
Instead of moving natural leaders, who has experience and potential within the company, they prefer hiring highly qualified people. Companies hire people on an interview whim, just as long as they can talk in interviews, backed by their papers.
Therefore, there are a lot of clueless people running the company with a flair for talking, to report all the wonderful things to the higher management. (But I also must say, there are some really smart and rational people, but their numbers are countable with my fingers among the hundreds.)
Even if this is proving to be not working, nobody is really seeing it, or even if they did, no one has any real say or interest or energy, to control or change this hiring method. It's how the corporate world is.
2. Material wealth and/or sense of power as the driving factors.
When I resigned from the company years ago because i know I was not paid fairly for the contribution and work I do for the company, I was immediately hired back, after negotiating the salary.
During one of the interviews, the interviewee asked - why do you agree or want to work for the company? At this point - I have lost the admiration for the company values that the founder promoted because it has long disappeared from the company. So I answered honestly, that at this point - it's for the money. And I want my work-life balance. I will come in to do the work to the best of my ability within the hours, to be rewarded monetarily.
Personally, as a Muslim, we have a duty to do the best we can for what is within our control. Also, as per Islamic values - I will try to alleviate the work difficulties of the colleagues or counterparts around me, for what is within my control, insyaaAllaah, to not make things purposely difficult for others. But I will not necessarily go beyond working hours and days. I will avoid if I feel like it's to the point of being taken advantage of. Being nice does not mean allowing oneself to be swarmed with other people's work.
Also, I have learned that caring for the company in a bigger picture, only pains me and stress me out, because it is not something I can control. I am not in the position that allows me to make decisions for the betterment of the company. I can only provide facts and advice to my immediate superior or the one above them - and that is all I can do.
I've digressed. The point is, basically I'm working for the company, for money. Don't ask me to give fake answers like I value whatnot.
Most employees (whether they are the Cs (CEO CIO C.....) or Directors and General Managers all the way to the workers - are basically in it for the sense of power and money.
Their biggest task is to try as much as possible to report good things to their superiors, who in turn report to their superiors and so on, and finally for someone to give good news to the shareholders and press with the main purpose of making... more money. Nobody is truly concerned about the company per se.
Almost nobody in the company has concerns about company values - those values have gone with the founder. What's left now is only power and money as the main driver.
The Decay
The above mentioned has a rolling effect. Those people like me, who were hired from ground up, growing up and older with the company are slowly disappearing. The people who know what is really happening with the REAL WORK are disappearing. They are replaced by these people with high qualifications whose main objective is to give good reports.
The ones currently suffering are the ones at the lower levels of the organisation - the one who has to feed this management messengers with facts and figures which messengers massage to look desirable or hide painful facts as much as possible.
More and more things break at the bottom, because the higher managements do not want to be accountable for difficult decisions or even any decisions. They try to push decisions to the lower ones, so that the blame has a direction. They give vague instructions because they don't really know what on earth is going on - they just need to seem like they know. Strategic ambiguity is a common tool for those people.
Even now, the cracks are beginning to show. We have reached the peak before, and now we are on the downhill, decaying. I often thought about it, if it was something reversible?
I have come to conclude that it is not reversible for a public company - because their ultimate boss is money. No one person can make a dramatic course changing decision and not face consequences. As such no one is going to do so. Everyone is just saving themselves for the time being, for as long as this work exists. Illa masyaaAllaah.
We see it in the news, some public companies losing money or suddenly closing or filing for bankruptcy. Those things did not happen suddenly. It is the rotting roots that has made the tree fall, by God's will.
p.s. Ultimately everything happens by God's will for a purpose best known to Him alone. There is no power other than His, and in Him we put our trust.