If you are still around by this time. Your equity is worthless.
Generally, the optimal strategy for a construction company/contractor is to go in with a low fixed price bid and screw them on the extras that your specialists have identified will be necessary, but the general contractor/engineers have missed.
Source: I used to price construction jobs back in the day, and heard a lot of horror/joy stories. I think my college education was partially funded by these kinds of mess-ups, as my dad worked in construction.
I.e. you know what is broken and roughly how to fix it and in everyone's view it absolutely is your responsibility to "git'erdone", but you can't since you either don't have access or resources to do what needs doing and you won't get the access or the resources due to office politics or some other equally unfixable issue.
That's a fun little stress-biscuit to eat.
For example you see are responsible for fixing problem X, so you go to do it, and are told that X isn't on the planning board this month (because problem X hadn't occurred yet when planning happened at the start of the month) therefore you aren't allowed to work on it. But in other meetings, it's your fault it's not fixed, X is your job after all.
It is pain to work in such an environment.
Ah! The good old recipe for burnout.
Funny thing, that's basically the job description of a Product Manager, although HN loves to roast them, some of the hilarity comes from the fact you're accountable for outcomes and responsible for a process to get to those outcomes, but have no budget, have no reports, and you're trying to convince completely different management structures in completely different parts of the company that the thing you're working on is the thing they should prioritize or it all falls apart. Getting any significant new feature or new product to launch in any large company is basically a miracle, even if it arrives to launch hollowed out on the inside. This is mostly not a consequence of how well you do your job, it's a consequence of how dysfunctional the organization is, and I'll let you in on a secret.. /all/ large companies are deeply dysfunctional.
They are all from Blue Pants, so won't work the same time shifts as you
Someone spends hours torturing numbers in a spreadsheet until they give up and yield the desired answer. Pivot tables are created and used to make a slide deck using Microsoft Power Point. A decision is made, another round of golf played, and someone checks on the value of their non-salary compensation.
That the spreadsheet does not reflect your experienced reality is of little consequence because at that level, the spreadsheet is the reality. If your number doesn't reflect what's in Excel, you can be easily replaced with another number.
Someone must have made a new spreadsheet because they insisted I owed them for one extra day of rent. I pulled out my copy of the contract, which required one check per month of exactly the same amount.
They said my contract was "wrong" and I entered full WTF mode. Offered them an advance of one day's rent that I'd deduct from the final rent check. Eventually they tired of me and "credited" me the amount in question instead of fixing their spreadsheet.
This nails an entire culture, from healthcare, to education, to policing...
But we cannot blame software itself, right? Something went deeply, horribly wrong in our own societal script. Something way beyond Max Weber or Franz Kafka's takes on bureaucracy. SOmething that made us bow down before computers as new gods.
I'm becoming a techo-athiest.
Complexity is neither an immanent feature nor inevitability. Behind unruly complexity is our failure to manage it. And indeed, a love of complexity, a fetish for it that seduces us into ever more.
To defeat complexity we have to embrace, and engage with it. We have to see what parts of technology that got us to where we are, must now be justifiably rejected.
All I see right now, especially with regards to "AI" and the new wave of techno-populism, is a retreat from complexity and more embrace of "magic".
He worked his way up middling-high in the management structure. High school diploma only.
The company got bought at some point. He says nearly all the management up to the C-suite had done actual work at the company, at some point. They promoted from within.
After the acquisition, a bunch of MBAs who’d never done actual railroad work took over. Says everything became endless, pointless meetings, a lot involving travel. Impossible to get any actual work done. The old-timers had to keep stopping them from doing dumb shit that couldn’t work.
The old timers got “encouraged” to take early retirement. And that was the end of that.
The take-over by professional managers and finance bros, rather than having professional (at the thing you actually do) managers running things, is behind it. The easy quips about MBAs ruining everything are more or less correct.
Yesterday there was this post [0] on Ivy League's wanting to separate ideology from teaching. As if that were possible.
We can read plenty regarding the decline of academia under leftist ideology. The long march of postmodernism is supposed to have corroded everything, decolonising curricula, celebrating diversity etc, etc.
Sure. That may well be true.
But equally true, through ferociously ignored is the parallel march of the ideological right in universities.
Just as there are some liberal arts degrees that teach Marxist feminism, Foucault and Derrida we have MBA's, which are equally ideological. They're steeped in the values of the Thatcher-Reagan era and right-wing economic theories. Their totems - Hayek, Strauss, Schmitt, Mises, Friedman are less well known than those on the left.
Nonetheless these often discredited ideologies are presented with the rigour of Maxwell's equations.
Off they confidently stride into the world, to run amok doing harm every bit as egregious as their left-leaning counterparts.
I've taught some of these kids in a business school, and honestly by year 3 they are utterly lost - all the hallmarks of cult-like brainwashing are fully in effect. Where the sceptics win over the strident zealots, is at least with the lefties there remains chink of openness to new ideas. An MBA is an MBA for life.
"Curtis argues that computers have failed to liberate humanity, and instead have 'distorted and simplified our view of the world around us.'"
https://en.wikipedia.org/wiki/All_Watched_Over_by_Machines_o...
If we can blame easy access to guns for the rise in mass shootings then we absolutely can and should blame easy access to Excel for the rise in MBA's completely fucking up companies.
It's just common sense.
To them, maximizing their ability to make choices about the way work will be done means they have more ability to take the good decisions that will lead the project to a successful end.
People are spending too much time sharpening their pencils, besides a good pencil sharpener is expensive. The solution is to get a sharpener person to move the sharpener about to save everyone time.
However they are expensive to employ so we are going to outsource it because sharpening pencils are not our core business.
It always starts as cheaping out on the free soda.
Unless, as was also mentioned, someone is a project/product manager without actually understanding the business.
It might even be that there's seemingly a lot of long term goals/objectives/focus. If it's mostly strategic level plans/talks/etc, while day to day things are still planned, executed and evaluated on half-year and even just quarterly period - it seemingly ends same as not having longer term plans.
Putting salespeople in between engineers and clients, and giving them perverse incentives to say "yes" to everything the client asks, and no incentive at all to try to understand what it takes to actually get any of that stuff accomplished. It produces clients that live in fantasyland.
At this point I'm thinking that it has seeped into the very nature of the world - like Morgoth's Ring.
I am done with it.
For the next job I take, I will demand to be present in the daily meeting to see how it looks like. Ideally, there isn't one.
Based on a 2 line description from a product manager, so you actually have no clue on the scope of the task until you start working on it.
This is how at my last company, my team got every estimate wrong and engineers got fired.
Yes the salt is real.
And then, you will be held accountable for that number, even if (supposedly), doesn't represent time and even if the interpretation of your estimate must use the unit that the person holding you acciuntable.
Wow as I re-read this statement, it's completely insane
However, do not build the first floor yet, because I am still waiting for some important decisions to be made.
You will be left to execute these tasks as you see fit, but you must report progress on them daily in a one-hour meeting along with every other architect working on entirely unrelated work. You may be asked to repeat this same oral update in other meetings. These meetings may be time consuming, but you will still be expected to meet your time estimates.
During this project to design my house, there may be periods of time when I may require you to assist with architectural emergencies, such as stabilizing the Leaning Tower of Pisa. These emergencies supersede your work and may come at any hour of the day or night, but should not impact your time estimates.