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Greg Tito On Leaving WotC: 'It feels good to do something that doesn't just line the pockets of *****'
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<blockquote data-quote="Whizbang Dustyboots" data-source="post: 9449161" data-attributes="member: 11760"><p>It's interesting how folks here are focused on how they could potentially be offended by Tito's comment and not what they reflect about the workplace culture at WotC, which I think is his real point.</p><p></p><p>Even if Granny has a retirement fund that owns some $HAS, she's not likely to be the sort of shareholders he's talking about.</p><p></p><p>Chasing the best possible quarterly profit has made many (all?) publicly traded corporations behave in a monstrous manner. It doesn't just make them behave in anti-competitive fashions; doesn't just cause many of them to cut corners wherever possible in the goods and services they produce; it also creates a terrible, toxic place for employees to work.</p><p></p><p>"Dur, why doesn't he just quit, then?" the would-be champions of the publicly traded corporation always retort.</p><p></p><p><em>He did.</em></p><p></p><p>And if he's going to be doing public communications for the state government of a blue state, saying chasing shareholder valuation can be bad isn't exactly going to limit his career possibilities. At <em>worst,</em> he ends up working for legislators in California, Washington or Oregon, who can keep him gainfully employed the rest of his life. At best, everyone says "yeah, I worked for a publicly traded company too, and it sucked" and no one cares.</p><p></p><p>If you are offended by the extremely common thought that, hey, maybe chasing shareholder value often makes companies a bad place to work, manage your companies and invest your funds accordingly. (There are companies that <em>don't </em>behave that way, but they're famously good places to work because they're so unusual.)</p></blockquote><p></p>
[QUOTE="Whizbang Dustyboots, post: 9449161, member: 11760"] It's interesting how folks here are focused on how they could potentially be offended by Tito's comment and not what they reflect about the workplace culture at WotC, which I think is his real point. Even if Granny has a retirement fund that owns some $HAS, she's not likely to be the sort of shareholders he's talking about. Chasing the best possible quarterly profit has made many (all?) publicly traded corporations behave in a monstrous manner. It doesn't just make them behave in anti-competitive fashions; doesn't just cause many of them to cut corners wherever possible in the goods and services they produce; it also creates a terrible, toxic place for employees to work. "Dur, why doesn't he just quit, then?" the would-be champions of the publicly traded corporation always retort. [I]He did.[/I] And if he's going to be doing public communications for the state government of a blue state, saying chasing shareholder valuation can be bad isn't exactly going to limit his career possibilities. At [I]worst,[/I] he ends up working for legislators in California, Washington or Oregon, who can keep him gainfully employed the rest of his life. At best, everyone says "yeah, I worked for a publicly traded company too, and it sucked" and no one cares. If you are offended by the extremely common thought that, hey, maybe chasing shareholder value often makes companies a bad place to work, manage your companies and invest your funds accordingly. (There are companies that [I]don't [/I]behave that way, but they're famously good places to work because they're so unusual.) [/QUOTE]
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Greg Tito On Leaving WotC: 'It feels good to do something that doesn't just line the pockets of *****'
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