Have to agree wholeheartedly with your sentiments here.
Its all to do with the way our Culture/Society has fallen backwards by wanting Everything in Real-Time rather than working hard for the process.
I would like to share with you an anecdote of My Favorite Team-Manchester United.
[I am sure you must have heard of them;they are a world famous English Football Club].
During this weekend before their Latest Game;the Commentators were outlining some interesting Statistics;which I would like to share with you here.
Stat 1)Louis Van Gaal(The Current Manager of United) has spent more on players in 2 months as Manager of United than his Opposition (Burnley)has Spent in their ENTIRE Club Career of 125 years.
Stat 2)The Total Value of Entire Burnley Squad today is just 5 million Pounds;United spent 12 Times that on just One Player recently -Di Maria.
What did that Achieve?
The End Result was 0-0[A Draw].
Stat 3)Louis Van Gaal has spent more on Buying New Players in 2 months than Sir Alex spent in his Last 10 years at United. (The Previous Super-Successful Manager who won Dozens of Titles by building and dismantling 3 Totally Different teams during his 20 years at United).
My Point is primarily this-You are working in a Team and it takes time to build Team Spirit ,Culture and Pride for your Team.You simply can't BUY Success.Atleast on a constant Basis.
The Best Example of the Failure of this strategy is the Richest Football Club in the World-Real Madrid.
If it was just a question of Money Madrid,would have won everything every year.
Last Year they won Nothing.
Anyways,Back to the Real World ;and yes the Same Philosophy also applies here to Team Building and Building great products.You just can't poach your way to success consistently.
My point was focused on the fact that it SHOULD be the case. I acknowledge that it is not the ideal for many people. But to strive to work in a place that is would be my main objective if I was in the market.
It cuts both ways(not just the Risk-taking part) but also Salary needs.
We don't really know what the Prospective Employees Drivers are and how Important(or otherwise) Money is to that person involved.
For instance(for example sake);One Person who applies is Single And Earns Cash only for themselves then they are more ready and willing to take such risks.
In contrast another Person who has atleast 3-4 People Dependent on them for money(sometimes more,looking at how high today's Unemployment numbers have gone in America currently & also the fact that Disposable Income has shrunk rapidly) one realizes that such folks need more Stable Income to make ends meet.
So you need to Balance your Salary offering and Stock Options so that its tailored to the needs of not just your Company but also the Employee concerned (if you want to maintain a lasting relationship that is).
The Valley is such a place where you need this Level of Dynamism in Thinking as nobody stays with you for very long otherwise.
185 million searchable parts
(please enter a part number or hit search to begin)
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!