Ask HN: Do you make decisions like its your company?
This has been coming up more for me. I understand as shareholders we should "feel ownership" but sometimes I can't help but think the decisions I make at work aren't the same decisions I would be making if I actually owned a substantial part of the company. I wonder if my decisions would be different if I was CEO or a primary or large shareholder? Do you feel like yo would be doing things differently if you were CEO or a founder? Do you feel like your decisions would change? Even if it was the exact same situation/decision you are faced with today, do you think you would be playing it differently if you had more ownership? Do you make decisions like it's your company?
Note: I am a Sr. Director at a fortune 100 tech giant.
15 comments
[ 2.5 ms ] story [ 54.7 ms ] threadI use to act as if I own a large stake of the company I worked for, regretting it much later when I realized I was doing too much and knowing too little.
I was just kidding myself pretending as an owner of the company therefore investing too much emotion and work into it. Why would I pretend something that is not true? It's not like fake it until you make it thing.
I do not know how much you know about your company, but I was an outsider that knew nothing about the inner workings and secrets about it. I thought I knew, that's the kidding myself part.
Unless you are a real owner, you are just a cog in a machine. If you perform well, you will be rewarded well as a cog in a machine not as an owner. Most decisions you make would not affect the overall situation. Just do your job well and try to spend time with something else you care after work, not something you have no control of.
No, I'm not the owner but I expect some autonomy in my area and wouldn't work in any other way (e.g. just taking orders mindlessly). Same would happen in any position up the ladder.
They all miss the point. Having "ownership" is caring like its yours. Making decisions that make sense, and you would do in yours. Your answer is perfect!
Ofcourse you should not have the "minimal effort police" in mind, but you also should not work your balls off for nothing.
If you owned most or all of the company, maybe you would make more of an effort to prevent bad stuff, like dumping toxic waste in rivers.
On the other hand, if you owned the whole company, you could maybe make a lot of money by creating externalities like dumping toxic waste in rivers.
I always thought from observing others (since a year or two into my first corporate job) that the job of managers, up to and including the CEO, is to manage conflicts of interest. Fashionably, "stakeholders".
All of the things people say about managing sound to me like misdirection from the actual meat and potatoes.
As a non-manager, I've tried to train myself to never take it personally if a manager does something inhumane out of (apparently) loyalty to an organization. Maybe they feel it, or maybe they feel like they are trapped into it to keep their job.
If I want something, I appeal in some manner to the underlying human feelings that I assume everyone has. Blaming people (even implicitly) for failing to be loyal to whatever they ought to be only creates bad feelings.
But, people, managers and non-managers, who are good at manipulating situations by such techniques as appealing to friendship or human decency, can end up subverting a whole organization. The integrity of an organization paradoxically depends on people who follow rules for their own sake even when they lead to wrong outcomes, for a greater good. I'm thinking of the legal system and government as much as corporations.
I have no solution to the conflicts of interest I see everywhere, which is why I've never put real effort into becoming a manager even at the lowest level.I do not. Why would I? My job is to deliver what has been asked of me by my boss, on time. Sometimes I take an initiative and propose something else I could deliver, if it helps me get a promotion, earn reputation/respect, learn new skills, or is interesting to work on. Typically that something would also benefit the company, and that's how I sell it to my boss, but it wouldn't be why I want to do it.
Only if I'm making money like it's my company.
For real though, they don't want me making decisions like it's my company. They want subordination. They'll praise you if you make a decision that agrees with their views, but punish you otherwise.
If the business wants to feed my useless admin work, I'll tell the once it's useless and after that I just eat it.
No one cares that you're churning unsellable butter unless it becomes an existential threat. Even then, most of us are confident enough that we're just gonna move on.
No. Mainly because acting like a "company owner" implies a higher degree of connection between the employee and the company. I tried to not get too attached to the companies I work for. Besides the real "company owners" are paid enough to behave as such; regular employees are not.
I enjoy the work, and I know it has value, so I need my money today.
If a company wishes to participate in this sort of arrangement, I tend to put in more than healthy. If a company shows signs of trying to take advantage of my offer, I will remind it that I do not belong to it, no matter what a contract may have made them think.
It can be a very strong relationship, if the company wants it.
But I’m not taking a bullet.
There are likely others at or around your level that view your work as not important. You likely view theirs as the same. Maybe not. Either way, who is right?
Are you ever trying to accomplish something despite a different business unit? You might just be thinking of it like your company.
Are you ever willing to let a goal slip for the greater good? You might just be thinking about it like your company.
Dropping into that head space is important. But if it isn’t your company, it is as delusional to live in that headspace as it is to think the company cares for you in the way any person could. The CEO might. The company does not.
I think this understatement of importance to do so is also partly why a lot of people are largely filled with some angst and doubt. It doesn't help that we're continually being hyper-connected to the point that one's success is overseen.
Also it's why a lot of things suck right now, incompetence is net-high on a global scale. And no one seems to be willing to do maintenance enough at scale which is why automation is prominent. Historically if you look at technological innovations at a global scale we are definitely not innovating at a net-good/net-high. There was definitely a drop/stagnation that started at a certain time.