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Never underestimate the degree to which corporate management believes that they already do everything they need to and have no blind spots, or how much they resent any cost which is not directly revenue-generating.
Being in enterprise IT I'm intimately familiar with this mindset.
I’ve always felt bad for IT. They hire enough and give you just enough resources to limp along, but never enough to actually do your job well. And I feel like every few years they have to run a skeleton crew so small that something major happens to remind them why they pay you at all.
At my last job, we had to get CFO approval to buy a bag of zip ties, and the PO was denied. It was like $3.
But yeah, we had offices in India with an IT team there, and one of the C-suite assholes loved to tell us how he could replace us with 10 Indians for what they paid us.
At one point, a coworker stopped giving a fuck and said, "You're full of shit. If you could do that, you already would have."
At my last job, I had three meetings to discuss why we needed SSDs instead of rotational hard disks for a build server. The cost of the employees attending the meetings several orders of magnitude exceeded the cost of the purchase.
The cost of the CFO taking the time to look at that approval was more than the zip ties.
Yup, it was ridiculous.
But that's my point. DEI generates more revenue because it broadens customer bases.
WFH also increases revenue, yet most companies are doing RTO
RTO is about power and control. People who work from home realize that work is just a part of life. There are pros and cons to both office and home working situations, but corporate mandates are not based on what is best or most efficient. It's about who chooses their working style.
same with corporations not hiring diverse staffs unless they're forced. none ofethis is actually about money, the economy, or the price of eggs. it's all about colonialism, genocide, and hate
Jesus fucking Christ. No. The vast majority of corporate hiring decisions are ultimately made based on subconscious biases held by individual HR employees, DEI initiatives primarily serve to break those biases. Yes, subconscious biases can still be racist and/or sexist or otherwise harmful, but they're not intentionally harmful, nevermind hateful, colonialist (the fuck?) or genocidal (where on earth did you even get that from?!).
I mean, it's always about money. It's just that it's the big money that the oligarchs make by profiting from colonialism, genocide, and fostering hate. The small money, the money businesses make and spend, the millions in operating costs and profits, that's not the money that matters.
And that’s exactly the same reason why many companies are ditching DEI
Nowadays more and more businesses are built to rot (or bought by private equity and converted to this model), spending only a very brief period of their life cycle trying to attract customers and talented workers. Or put another way, they're increasingly being fattened up as quickly as possible for slaughter.
Most will die quickly while clawing as much value back from both customers and workers as possible, while a few winners are monopolies that do the exact same thing but get away with it for longer because there isn't strong enough competition for people to stop doing business with them (such as Adobe, from what I've heard).
As long as investors and executives keep getting the big payoffs they do by gaming the system, it keeps getting worse.
Ahh, but they are already convinced that they have the best people to broaden their customer base because those are the people they picked, and therefore there is no need to spend any money on staff and initiatives to tell them they are wrong, when that money is better spent on bonuses and marketing. Business nerds at Wharton may spot some general trends, but they don't know Company X, which has the best management team ever assembled.