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14 Oct 2026 16:00:18 EDT (-0400)
  Management perception (Message 1 to 34 of 34)  
From: Invisible
Subject: Management perception
Date: 1 Jul 2008 06:36:17
Message: <486a08a1$1@news.povray.org>
[Yes, that's a contradiction.]

There's been a bunch of emails going round from our managers recently. 
Apparently we had "a really excellent month" where our profits "vastly 
exceeded the budget".

Gee, could this be because this month they had the budget set absolutely 
as low as the policy makers would allow?

You know, I think it might be...

So they set the budget as low as they could possibly get away with, and 
we actually made a bit more money than that. Woo-friggin-hoo. What's 
gonna happen next month, when we're not moving buildings and the budget 
is expecting us to produce "real" numbers?

For that matter, the top-management plan is to increase profits by 20%. 
I have yet to hear anything about *how* this is supposed to happen. 
They've muttered something about "oh, uh, yeah, we're going to hire more 
sales staff". But so far, I've yet to see anybody hired.

What I *have* seen is that virtually every week we have a new lab worker 
starting here. So we're hiring huge numbers of lab staff, but from what 
I hear, our lab is a bit quiet at the moment. And there's not much 
future work showing up on the horizon either.

So... uh... WTF?

We already have far more lab staff than we have lab equipment. And we 
already have the lab running at below capacity. Adding more staff seems 
to me as illogical as adding more CPU cores to solve a I/O-bound 
problem. It's likely to hinder, not help. (All these new people have to 
be trained, which means somebody has to stop doing their real job to 
train them.)

It's a mad, mad world...

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: scott
Subject: Re: Management perception
Date: 1 Jul 2008 07:38:30
Message: <486a1736$1@news.povray.org>
> So they set the budget as low as they could possibly get away with, and we 
> actually made a bit more money than that. Woo-friggin-hoo. What's gonna 
> happen next month, when we're not moving buildings and the budget is 
> expecting us to produce "real" numbers?

In my experience it is surprising how often you see quite senior people 
paying so much attention to figures like that that are just "noise" in the 
signal.  Draw a proper graph of profit over time, then make your conclusions 
based on the trend, not on some figure like "5.3% up on this time last 
year".

> For that matter, the top-management plan is to increase profits by 20%. I 
> have yet to hear anything about *how* this is supposed to happen. They've 
> muttered something about "oh, uh, yeah, we're going to hire more sales 
> staff". But so far, I've yet to see anybody hired.

Ditto here, when I first started the top guy told me how his plan was to 
double the sales figures over a 5 year period.  We're almost up to 5 years 
now and actually are sales have gone down because other companies have come 
in that are newer are more efficient than us.  He doesn't seem to care about 
taking time out to fix this (ie (re)training people and (re)organising 
stuff), just plodding on as we are trying to win more business.  He'll 
probably be forced to do something when it's way too late.


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From: Invisible
Subject: Re: Management perception
Date: 1 Jul 2008 08:02:41
Message: <486a1ce1@news.povray.org>
scott wrote:

> In my experience it is surprising how often you see quite senior people 
> paying so much attention to figures like that that are just "noise" in 
> the signal.  Draw a proper graph of profit over time, then make your 
> conclusions based on the trend, not on some figure like "5.3% up on this 
> time last year".

I'm sure I've mentioned the guy at the top who keeps using financial 
data from our project management system, despite are repeated attempts 
to explain to him that the numbers are garbage. (As you may recall, it 
adds USD and GBP together without conversion, yeilding lah-lah numbers.)

No matter how many times we carefully explain to him that these numbers 
are meaningless, he *insists* on trying to extract meaning from them...

But then, this is the guy who takes 60 seconds and a couple of attempts 
to string together a coherant sentence. You can almost *see* the 
individual synaptic junctions firing in a desperate attempt to form a 
coordinated pattern... that's what watching this guy talk is like.

How did somebody so stupid get to be at the top? Is it just because he 
was there when the "company" was 3 students in their dad's guarage?

[NB. I'm not questioning that he was there - he definitely was - I'm 
questioning whether that's the reason.]

> Ditto here, when I first started the top guy told me how his plan was to 
> double the sales figures over a 5 year period.  We're almost up to 5 
> years now and actually are sales have gone down because other companies 
> have come in that are newer are more efficient than us.  He doesn't seem 
> to care about taking time out to fix this (ie (re)training people and 
> (re)organising stuff), just plodding on as we are trying to win more 
> business.  He'll probably be forced to do something when it's way too late.

Seems my company enjoys setting "aggressive targets". I'm not sure why. 
Maybe because it's what management likes to hear? All I know is that 
these people seem to think that just setting an "aggresive target" means 
that something will actually *happen*. They don't seem to comprehend 
that such a target requires a *plan* to make it happen...

E.g., "oh, hey, we're implementing a brand new computer system. How long 
will that take? Gee, I don't know. When would we *like* it to be ready? 
Hey, how about, um, the end of next month? OK, it's a firm date! Let's 
go..."

In other words, pick a date out of thin air, and hope they can somehow 
pull it off. Don't bother finding out how much work is or isn't involved 
or anything, just pick a date and then try to hit it...

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Invisible
Subject: Re: Management perception
Date: 1 Jul 2008 11:50:12
Message: <486a5234$1@news.povray.org>
Invisible wrote:

> So... uh... WTF? It's a mad, mad world...

Woah - stop the press! Apparently we have *finally* sold site #5!

We purchased site #5 about 7 years ago. Nobody knows why we purchased 
it. It has never made a profit since we bought it. It's a building 
that's about 8x bigger than we need.

Initially we used one floor ourselves and rented the other floors out to 
other companies. After a few years this was deemed too profitable, so we 
sold the building to somebody else and then rented it. (Yes, that's 
correct. We had money coming in, so we changed it to having money going 
out. WTF?)

Site #5 operates in a closely-related but none the less seperate 
business area. (I.e., it doesn't so what all the other sites do and what 
the company is "expert in".) Most of the spiralling losses the company 
has made over the last few years are completely due to this one site. 
(The other sites all either break even or make a modest profit, and then 
this one site makes a several-million-dollar loss which kinda cancels 
everything else out.)

Rather than find some new, even less effecient way to run site #5, it 
seems we just sold it. Like, a few days ago.

I am astounded. The company actually did something right. Wow.

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Jim Henderson
Subject: Re: Management perception
Date: 1 Jul 2008 13:43:04
Message: <486a6ca8@news.povray.org>
On Tue, 01 Jul 2008 13:39:02 +0200, scott wrote:

>> So they set the budget as low as they could possibly get away with, and
>> we actually made a bit more money than that. Woo-friggin-hoo. What's
>> gonna happen next month, when we're not moving buildings and the budget
>> is expecting us to produce "real" numbers?
> 
> In my experience it is surprising how often you see quite senior people
> paying so much attention to figures like that that are just "noise" in
> the signal.  Draw a proper graph of profit over time, then make your
> conclusions based on the trend, not on some figure like "5.3% up on this
> time last year".

I think both figures are useful - year over year (or quarter over 
quarter) is something that "the street" looks at and affects stock 
price.  It's the beginning of building a trend - and if the analysts use 
it as one indicator of a company's direction (from a profit standpoint), 
it makes sense to be aware of it and know where you're going.

But the trend is also important - take Novell (since that's who I work 
for I know it better than others); the trend has been described as 
"pulling out of a dive" - 3 or 4 quarters ago, profitability had leveled 
out from a decline; since then, subsequent quarters have seen increases.

When the Q3 announcement was made a couple weeks ago, the revenue was up 
(and EPS was as well - as a result, AIUI) compared to Q3 of 2007.  That 
is a quick way of summarizing the trend over the last 3 quarters.

So looking at the snapshot of "compared to this time last year" gives a 
general indication of the recent trend, but the overall analysis includes 
the long-term trend as well.  In Novell's case, this is a recent 
turnaround after a few years of decline, so the Wall Street gurus are 
taking a cautious approach with the stock, wanting to see if the growth 
trend will continue.

>> For that matter, the top-management plan is to increase profits by 20%.
>> I have yet to hear anything about *how* this is supposed to happen.
>> They've muttered something about "oh, uh, yeah, we're going to hire
>> more sales staff". But so far, I've yet to see anybody hired.
> 
> Ditto here, when I first started the top guy told me how his plan was to
> double the sales figures over a 5 year period.  We're almost up to 5
> years now and actually are sales have gone down because other companies
> have come in that are newer are more efficient than us.  He doesn't seem
> to care about taking time out to fix this (ie (re)training people and
> (re)organising stuff), just plodding on as we are trying to win more
> business.  He'll probably be forced to do something when it's way too
> late.

I've recently learned that there often is more to the picture than what 
we in the trenches see.  I had a chat with my VP about a revenue trend 
that I didn't understand, and she explained to me that the reason the 
trend is the way it is has to do with offsetting lower revenues (as part 
of a plan in the business to grow revenue - has to do with resellers vs. 
direct sales = extending the reach often means lower revenues, so you 
have to make up for it in volume), and the offsetting revenue wasn't 
meeting its goals.  Overall profitability is what those wizards on Wall 
Street look at, so you can't just cut off one part of a revenue stream 
without offsetting it in other areas.

I was surprised at how much more complexity there is to this finance 
stuff than I thought.

Jim


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From: stbenge
Subject: Re: Management perception
Date: 1 Jul 2008 15:21:49
Message: <486a83cd@news.povray.org>
Invisible wrote:
> 
> There's been a bunch of emails going round from our managers recently. 
> Apparently we had "a really excellent month" where our profits "vastly 
> exceeded the budget".
> 

Do you think it's possible the management might actually be encouraging 
you guys to work more efficiently? I'm not doubting that you 
(personally) already try your best, but there are invariably some people 
who just slack off, and to make matters worse, trump themselves up to be 
something great. These people always seem to fool the management for 
some reason...

Anyway, maybe management is taking the high road by making you feel as 
if your current effort has made a difference, so as to get the same 
performance out of you in the future. If that is the case, and this 
latest fleet of e-mails does not work, they may try the low road. That 
means scoldings and layoffs :(

Sam


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From: Orchid XP v8
Subject: Re: Management perception
Date: 1 Jul 2008 16:24:51
Message: <486a9293$1@news.povray.org>
stbenge wrote:

> Do you think it's possible the management might actually be encouraging 
> you guys to work more efficiently? I'm not doubting that you 
> (personally) already try your best, but there are invariably some people 
> who just slack off, and to make matters worse, trump themselves up to be 
> something great. These people always seem to fool the management for 
> some reason...

The irritating thing is that the people in our lab *do* work damned 
hard. But our new manager seems to spent most of his time either not on 
the premises, standing outside having a fag, telling people they need to 
work harder, or surface Facebook. (I am NOT kidding about Facebook 
either. Basically the only time he's in his office he has it open.)

The guy is not proving popular...

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Warp
Subject: Re: Management perception
Date: 1 Jul 2008 16:57:22
Message: <486a9a32@news.povray.org>
Orchid XP v8 <voi### [at] devnull> wrote:
> The irritating thing is that the people in our lab *do* work damned 
> hard. But our new manager seems to spent most of his time either not on 
> the premises, standing outside having a fag, telling people they need to 
> work harder, or surface Facebook. (I am NOT kidding about Facebook 
> either. Basically the only time he's in his office he has it open.)

  Nobody above watches him? He can do whatever he wants without
repercussions?

-- 
                                                          - Warp


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From: Orchid XP v8
Subject: Re: Management perception
Date: 1 Jul 2008 17:09:46
Message: <486a9d1a@news.povray.org>
Warp wrote:

>   Nobody above watches him? He can do whatever he wants without
> repercussions?

Well the guy above him is his best buddy. And *he* is never here either. 
(Not that it makes a difference - the guy is all talk and no brain...)

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Jim Henderson
Subject: Re: Management perception
Date: 1 Jul 2008 17:13:38
Message: <486a9e02$1@news.povray.org>
On Tue, 01 Jul 2008 22:09:47 +0100, Orchid XP v8 wrote:

> Warp wrote:
> 
>>   Nobody above watches him? He can do whatever he wants without
>> repercussions?
> 
> Well the guy above him is his best buddy. And *he* is never here either.
> (Not that it makes a difference - the guy is all talk and no brain...)

I've been in a similar situation - it's not easy to deal with.

Jim


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From: Darren New
Subject: Re: Management perception
Date: 2 Jul 2008 00:25:40
Message: <486b0344@news.povray.org>
Invisible wrote:
> No matter how many times we carefully explain to him that these numbers 
> are meaningless, he *insists* on trying to extract meaning from them...

I remember seeing a joke video where the financial accounting system was 
called Maiasse or something.  "I just pull numbers out of Maiasse!"

> How did somebody so stupid get to be at the top? Is it just because he 
> was there when the "company" was 3 students in their dad's guarage?

Yes.

> In other words, pick a date out of thin air, and hope they can somehow 
> pull it off. 

"How about February 17th?"
    "If you already had a date, why are you asking me?"
"Well, um..."
    "How did you pick February 17th?"
"It's the customer's birthday."

I kid you not.

-- 
Darren New / San Diego, CA, USA (PST)
  Helpful housekeeping hints:
   Check your feather pillows for holes
    before putting them in the washing machine.


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From: Darren New
Subject: Re: Management perception
Date: 2 Jul 2008 00:27:18
Message: <486b03a6@news.povray.org>
Invisible wrote:
> correct. We had money coming in, so we changed it to having money going 
> out. WTF?)

Tax write-offs, in the USA at least.  You sell it to someone, lease it 
back for more than it costs to run but less than it costs to run if you 
count how much taxes you save.

-- 
Darren New / San Diego, CA, USA (PST)
  Helpful housekeeping hints:
   Check your feather pillows for holes
    before putting them in the washing machine.


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From: Orchid XP v8
Subject: Re: Management perception
Date: 2 Jul 2008 02:42:45
Message: <486b2365$1@news.povray.org>
Darren New wrote:

> "How about February 17th?"
>    "If you already had a date, why are you asking me?"
> "Well, um..."
>    "How did you pick February 17th?"
> "It's the customer's birthday."
> 
> I kid you not.

Wow! Admitting that the date is arbitrary seems somehow even worse than 
just using an arbitrary date...

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Phil Cook
Subject: Re: Management perception
Date: 2 Jul 2008 04:24:51
Message: <op.udnoa5amc3xi7v@news.povray.org>
And lo on Wed, 02 Jul 2008 05:25:39 +0100, Darren New <dne### [at] sanrrcom>  
did spake, saying:

> Invisible wrote:
>> No matter how many times we carefully explain to him that these numbers  
>> are meaningless, he *insists* on trying to extract meaning from them...
>
> I remember seeing a joke video where the financial accounting system was  
> called Maiasse or something.  "I just pull numbers out of Maiasse!"

Heh speed read I read that system as Malaise, which would be funny in a  
different way.

-- 
Phil Cook

--
I once tried to be apathetic, but I just couldn't be bothered
http://flipc.blogspot.com


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From: Tom Austin
Subject: Re: Management perception
Date: 2 Jul 2008 09:19:22
Message: <486b805a$1@news.povray.org>
Invisible wrote:
> [Yes, that's a contradiction.]
> 
> For that matter, the top-management plan is to increase profits by 20%. 
> I have yet to hear anything about *how* this is supposed to happen. 
> They've muttered something about "oh, uh, yeah, we're going to hire more 
> sales staff". But so far, I've yet to see anybody hired.
> 
> What I *have* seen is that virtually every week we have a new lab worker 
> starting here. So we're hiring huge numbers of lab staff, but from what 
> I hear, our lab is a bit quiet at the moment. And there's not much 
> future work showing up on the horizon either.
> 
> 
> It's a mad, mad world...
> 


I have learned that either you trust management to make the right 
decisions or you leave.

That doesn't mean that you are happy with the decisions or understand 
them throughly.  If the manager took the time to get you to understand 
everything in a decision and agree with the decision - you might as well 
be the manager.

It is kinda like you taking care of the computer network.  People will 
always second guess you and think you should do something different, but 
they don't have the same perspective that you have.


I'm not excusing management behavior - there are plenty of jerks out 
there - I know a few.



Just some fish food.


Tom


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From: Invisible
Subject: Re: Management perception
Date: 2 Jul 2008 09:43:38
Message: <486b860a@news.povray.org>
> It is kinda like you taking care of the computer network.  People will 
> always second guess you and think you should do something different, but 
> they don't have the same perspective that you have.

Most annoying when those "people" have superior rank to me and can 
overrule my decisions... :-/

> Just some fish food.

Yeah.

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Chambers
Subject: Re: Management perception
Date: 2 Jul 2008 23:04:06
Message: <486c41a6$1@news.povray.org>
Invisible wrote:
>> It is kinda like you taking care of the computer network.  People will 
>> always second guess you and think you should do something different, 
>> but they don't have the same perspective that you have.
> 
> Most annoying when those "people" have superior rank to me and can 
> overrule my decisions... :-/

If they don't trust you to do your job, then maybe you need a new job.

Weren't you sending resumes out a while ago?  What happened with those?

...Chambers


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From: Invisible
Subject: Re: Management perception
Date: 3 Jul 2008 04:14:19
Message: <486c8a5b$1@news.povray.org>
Chambers wrote:

> If they don't trust you to do your job, then maybe you need a new job.

Maybe?

I think this one has already been proved multiple times over beyond any 
semblence of doubt. ;-)

> Weren't you sending resumes out a while ago?  What happened with those?

Once or twice a week, some random agency would send me an email, I call 
them, they tell me about some job I'm not really interested in, they 
promise to let me know what happens with it, they never contact me ever 
again. After a while, I stopped getting emails. (Although I keep getting 
repeated auto-generated messages telling me to go work for HMGCC.)

I did go to one interview. The agency told me they wanted a programmer, 
but what the company actually wanted was a customer support advisor. 
Needless to say, that's not something I ever want to do. Company was 
astounded that I managed to write half a dozen trivial SQL statements, 
and the interviewer appeared to be trying to invent a job on the spot so 
he could hire me. Not sure I liked the look of the company, frankly, but 
they seemed quite keen to employ me - although in the end no job was 
actually offered.

I have since spoken to that particular agency on numerous occasions. 
They keep promising to send me to more interviews, but nothing has ever 
happened.

At this point, I have completely run out of ideas. I've paid for the 
services of a professional careers advice consultant - we'll see if 
anything useful comes of that.

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: scott
Subject: Re: Management perception
Date: 3 Jul 2008 05:28:30
Message: <486c9bbe@news.povray.org>
> I think both figures are useful - year over year (or quarter over
> quarter) is something that "the street" looks at and affects stock
> price.

Exploiting "noise" in the profit signal to try and make money is fine, 
but...

> It's the beginning of building a trend -

...how can you use just one or two points of data to decide that a *trend* 
is starting?

> and if the analysts use
> it as one indicator of a company's direction (from a profit standpoint),
> it makes sense to be aware of it and know where you're going.

I don't think any real analysts look at solely the headline numbers to 
decide what to do.  They will look at the detailed result history to 
determine if the trend is changing, they can't do that with just one or two 
numbers.

For example, suppose your monthly profit fell from 104 last month to 90 this 
month.  Some people then go off on one based *solely* on these figures, they 
send out emails to staff saying that profits have dropped by 13% and it's 
been the biggest drop for over a year blah blah blah", they try to "correct" 
whatever they think has gone wrong this month etc.

Then next month the profit is 107, they feel all good about themselves and 
maybe get a pat on the back from their boss if he is equally stupid.

But, take a look at the monthly profit figures running up to the 104,90,107 
incident:

38,64,45,67,50,50,76,66,66,77,70,76,81,73,91,82,80,73,76,93

The clever person will notice that on average profits seem to rising at 5 
per month, and try to find the reasons for why this is and how to go about 
increasing it.  The stupid person wastes effort on trying to explain and 
correct the change every month.

It's not just profits, but plenty of other things (like production volumes) 
that suffer from people trying to analyse the noise.


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From: Tom Austin
Subject: Re: Management perception
Date: 3 Jul 2008 09:26:13
Message: <486cd375$1@news.povray.org>
Invisible wrote:
>> It is kinda like you taking care of the computer network.  People will 
>> always second guess you and think you should do something different, 
>> but they don't have the same perspective that you have.
> 
> Most annoying when those "people" have superior rank to me and can 
> overrule my decisions... :-/
> 

But again, you don't know what all they need to consider when making 
decisions.

What you might think as small and inconsequential can have repercussions 
that a good manager needs to take care of.  Sometimes the manager cannot 
discuss them due to confidentiality issues or the like.


That said, I am not defending poor management.

I've worked with plenty of jerks.
All they cared about was how big their head was.
If I didn't implement exactly what *they* thought I should, it was wrong 
and I killed the cat.

Don't work under someone like that.



Just remember this...

Think about how annoying it is to have co-workers second guess your 
decisions (I'm not talking about management here).
I bet you appreciate feedback when you miss something.  You actually 
want that type of feedback - it helped you do a better job.
But those who disagree and grumble with your decisions are just annoying 
and it hurts your relationship with them - both professionally and 
personally - which hurts the company.

Now, how do you think a manager feels when you grumble about their 
decisions.



Sometimes management makes a poor decision as a mistake - you do as 
well.  But it does not make you incompetent.


Later...  Tom


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From: Invisible
Subject: Re: Management perception
Date: 3 Jul 2008 11:39:12
Message: <486cf2a0$1@news.povray.org>
Tom Austin wrote:

> But again, you don't know what all they need to consider when making 
> decisions.
> 
> What you might think as small and inconsequential can have repercussions 
> that a good manager needs to take care of.  Sometimes the manager cannot 
> discuss them due to confidentiality issues or the like.

It just annoys me when some manager says "we should do X". And I 
carefully explain "X is a bad idea because of A, B, C, D, E and F". And 
the manager says "...yeah, well, I don't think those are problems". I 
mean, WTF can you say to that??

> That said, I am not defending poor management.
> Don't work under someone like that.

Heh. If only I had a choice... ;-)

> Now, how do you think a manager feels when you grumble about their 
> decisions.

Poor decisions are one thing. When you carefully explain why a dicision 
is bad, and you get a reply that says no it isn't - no explaination, 
just "I think you're wrong" - it's rather irritating.

Or when I say "I need to do X", and they say "nah, I don't think that's 
necessary". Er, well actually, yes it is. But hey, they're not the ones 
who are going to get screamed at when the auditors can. I am.

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Darren New
Subject: Re: Management perception
Date: 3 Jul 2008 12:24:01
Message: <486cfd21$1@news.povray.org>
Invisible wrote:
> Poor decisions are one thing. When you carefully explain why a dicision 
> is bad, and you get a reply that says no it isn't - no explaination, 
> just "I think you're wrong" - it's rather irritating.

You can always ask for an explanation.  "Please teach me where in my 
chain of reasoning I made a mistake? Is B really not a problem? It 
sounds like C will lose us customers; how do we avoid that?" Things like 
that. He might just not want to take time to explain it, so ask him for 
the time. (Or, as has been said, he might just have his head up his butt.)

> Or when I say "I need to do X", and they say "nah, I don't think that's 
> necessary". Er, well actually, yes it is. But hey, they're not the ones 
> who are going to get screamed at when the auditors can. I am.

Again, "isn't that part of the legal requirements outlined in section 
XYZ of the how-to-make-auditors-like-you manual?"

I mean, I'm sure you ask these questions, but in my experience, 
persistence helps. Half the time the manager is being a dork, it's 
because he isn't actually thinking about the problem, and making a 
decision based on an off-the-cuff analysis.

-- 
Darren New / San Diego, CA, USA (PST)
  Helpful housekeeping hints:
   Check your feather pillows for holes
    before putting them in the washing machine.


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From: Jim Henderson
Subject: Re: Management perception
Date: 3 Jul 2008 18:54:21
Message: <486d589d@news.povray.org>
On Thu, 03 Jul 2008 11:29:00 +0200, scott wrote:

>> I think both figures are useful - year over year (or quarter over
>> quarter) is something that "the street" looks at and affects stock
>> price.
> 
> Exploiting "noise" in the profit signal to try and make money is fine,
> but...
> 
>> It's the beginning of building a trend -
> 
> ...how can you use just one or two points of data to decide that a
> *trend* is starting?

It's two points of data in an overall view of what the company does.  
Only those two points of data isn't enough, you have to look at the 
policies the company has implemented as well.

>> and if the analysts use
>> it as one indicator of a company's direction (from a profit
>> standpoint), it makes sense to be aware of it and know where you're
>> going.
> 
> I don't think any real analysts look at solely the headline numbers to
> decide what to do.  They will look at the detailed result history to
> determine if the trend is changing, they can't do that with just one or
> two numbers.

Like I said, it's an indicator.  There is more analysis that's done, of 
course, when you talk about Wall Street analysts.  But an improvement in 
year-over-year (or quarter-over-quarter) is an indicator that something 
good happened in the quarter or year.  Then look at the trend over 5 
years - 5 points or 20 points, take your pick - and that *is* a trend.

Another indicator is the difference between looking at GAAP vs. non-GAAP 
numbers.  non-GAAP is generally a better indicator (as I understand it) 
because it reflects ordinary business and not extraordinary expenses for 
reorganizations or other (hopefully) one-time expenses.  So while a 
company may show a loss from one quarter to the next, if you look at the 
non-GAAP financials, you might see a trend of increased sales.  That's a 
good thing, regardless of the GAAP numbers which might include costs for 
litigation, acquisitions, and the like.

> For example, suppose your monthly profit fell from 104 last month to 90
> this month.  Some people then go off on one based *solely* on these
> figures, they send out emails to staff saying that profits have dropped
> by 13% and it's been the biggest drop for over a year blah blah blah",
> they try to "correct" whatever they think has gone wrong this month etc.
> 
> Then next month the profit is 107, they feel all good about themselves
> and maybe get a pat on the back from their boss if he is equally stupid.

Monthly is too frequently, I think you'd find most analysts would agree 
with that.  Quarterly or annually are the numbers that I typically see 
used.

> But, take a look at the monthly profit figures running up to the
> 104,90,107 incident:
> 
> 38,64,45,67,50,50,76,66,66,77,70,76,81,73,91,82,80,73,76,93
> 
> The clever person will notice that on average profits seem to rising at
> 5 per month, and try to find the reasons for why this is and how to go
> about increasing it.  The stupid person wastes effort on trying to
> explain and correct the change every month.
> 
> It's not just profits, but plenty of other things (like production
> volumes) that suffer from people trying to analyse the noise.

It largely depends on what you're trying to get out of the numbers.  But 
again, a monthly period is too short because of those variations.  I 
wouldn't decide a company was doing good because they had more sales on 
July 3 than July 2.  But I might decide a company was a good investment 
if I saw their revenues increased in FY08 over FY07.  Especially if the 
FY07 revenues (or more appropriately, the non-GAAP profits) were over the 
FY06 profits.

Jim


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From: Jim Henderson
Subject: Re: Management perception
Date: 3 Jul 2008 18:55:58
Message: <486d58fe$1@news.povray.org>
On Thu, 03 Jul 2008 09:15:35 +0100, Invisible wrote:

> After a while, I stopped getting emails.

Don't wait, contact them back periodically (not daily, but every couple 
of weeks to month) and just "check in" and see if anything new has turned 
up.  Persistence pays off - if you don't keep in touch with them, they'll 
assume you're not looking.

Jim


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From: Jim Henderson
Subject: Re: Management perception
Date: 3 Jul 2008 18:58:17
Message: <486d5989$1@news.povray.org>
On Thu, 03 Jul 2008 16:39:11 +0100, Invisible wrote:

> It just annoys me when some manager says "we should do X". And I
> carefully explain "X is a bad idea because of A, B, C, D, E and F". And
> the manager says "...yeah, well, I don't think those are problems". I
> mean, WTF can you say to that??

"Why don't you see those issues as problems?"

Then point-by-point, explain why A is a problem, B is a problem, and so 
on.  Discuss these points with them, don't just give up because they said 
"I don't think that's a problem".

For example, if you point out A is a regulatory problem and they say it's 
not, ask them how they would explain that to a government auditor, 
because that's part of your job, so you need to be able to explain it - 
and if you can't, you'll send the auditor to him instead.  Not as a 
threat, but because management identified it as a non-issue and you don't 
understand why, so you'll have to refer the auditor to someone who *does* 
understand why.

Jim


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From: Jim Henderson
Subject: Re: Management perception
Date: 3 Jul 2008 19:00:59
Message: <486d5a2b$1@news.povray.org>
On Thu, 03 Jul 2008 09:24:01 -0700, Darren New wrote:

>> Or when I say "I need to do X", and they say "nah, I don't think that's
>> necessary". Er, well actually, yes it is. But hey, they're not the ones
>> who are going to get screamed at when the auditors can. I am.
> 
> Again, "isn't that part of the legal requirements outlined in section
> XYZ of the how-to-make-auditors-like-you manual?"

And then again, you can always take the auditor to them after explaining 
to the auditor "Tom here in my management chain doesn't see this as an 
issue - perhaps he can explain why better than I can.".  Then take the 
auditor to see Tom.

Next time, Tom is more likely to give an explanation.  Of course, he may 
also get mad because Andy brought the auditor to him in the first place, 
at which point it's appropriate to say "you didn't answer my questions 
about this well enough that I could explain it to the auditor, so how 
could I answer the auditor's questions?  I can't just make something up."

Maybe Andy should get a job with the auditors instead. <eg>

Jim


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From: Invisible
Subject: Re: Management perception
Date: 4 Jul 2008 04:10:43
Message: <486ddb03$1@news.povray.org>
> And then again, you can always take the auditor to them after explaining 
> to the auditor "Tom here in my management chain doesn't see this as an 
> issue - perhaps he can explain why better than I can.".  Then take the 
> auditor to see Tom.

Not easy when Tom lives on a different continent in a different time 
zone. :-P

Auditors are always singularly unimpressed by "well X told me to do it 
this way". They expect *me* to realise that this isn't good enough and 
*force* the other person to understand this.

> Maybe Andy should get a job with the auditors instead. <eg>

Muhuhuhu!

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Invisible
Subject: Re: Management perception
Date: 4 Jul 2008 04:12:02
Message: <486ddb52@news.povray.org>
>> Poor decisions are one thing. When you carefully explain why a 
>> dicision is bad, and you get a reply that says no it isn't - no 
>> explaination, just "I think you're wrong" - it's rather irritating.
> 
> You can always ask for an explanation.

Well we're not doing that at any other sites, so I don't think it's 
necessary.

[Never mind that "other sites" have more than 1 member of IT staff...]

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Jim Henderson
Subject: Re: Management perception
Date: 4 Jul 2008 05:32:54
Message: <486dee46@news.povray.org>
On Fri, 04 Jul 2008 09:10:42 +0100, Invisible wrote:

>> And then again, you can always take the auditor to them after
>> explaining to the auditor "Tom here in my management chain doesn't see
>> this as an issue - perhaps he can explain why better than I can.". 
>> Then take the auditor to see Tom.
> 
> Not easy when Tom lives on a different continent in a different time
> zone. :-P

That's what the phone is for.  Or if it's the middle of the night (though 
you have managed to call "Tom" in the middle of the night before), give 
his number to the auditor along with the time zone offset.

> Auditors are always singularly unimpressed by "well X told me to do it
> this way". They expect *me* to realise that this isn't good enough and
> *force* the other person to understand this.

Auditors understand that often times the person they're talking to 
doesn't have the authority to do things the way they want, and if the 
orders are coming from above to do things in a way that's not compliant 
with the regs, then that needs to be disclosed during the audit.  
Otherwise it *is* your ass on the line.  It's not about shifting blame, 
it's about holding the decision makers responsible for their actions.

That's why audits happen.

>> Maybe Andy should get a job with the auditors instead. <eg>
> 
> Muhuhuhu!

You laugh, but that might not be a bad option.  You know the regs, you 
know what should be done and how it should be done, and you know that it 
isn't being done that way.  You want your current management to listen to 
you?  Become *their* auditor.

BTW, you don't have to change jobs to do that.  If making sure things are 
done in compliance, then you put together a pre-audit audit that goes 
over the checklist the auditors will, and do a "dry run".  Ask the 
questions of your management that the auditors are going to ask you.  
Hold them accountable.  Then take the results from your own internal 
audit and compare to the results of the external audit, put them both in 
a report, and send it up the chain and highlight the areas where the 
audit result was what you predicted, and outline what needs to change in 
order for things to become compliant.

I used to have to do license auditing when I was the customer - we had 
auditors from Ernst & Young come in once a year to audit our license 
usage for a couple products that I was responsible for.  There were times 
I was asked to "fudge" the numbers a bit because of a recent layoff (for 
example); I did everything up front with the auditors, told them that we 
had a layoff but our policy was to retain the user accounts in a disabled 
state for 60 days, just in case the employee was rehired (as a means of 
preserving their access to resources), but that the vast majority 
wouldn't come back.  We just couldn't predict which ones would be 
rehired.  Rather than hide those accounts from the audit, I asked for an 
exception.  And got it from the vendor.

The auditors commented every year that they appreciated our approach - 
they were typically in and out in less than a day.  Other customers they 
had to spend 3 or 4 days trying to get the audit done, and it was like 
pulling teeth.  I always figured if I could facilitate the audit and make 
it go smoothly, I could get the auditors out of our hair quickly, and I 
was right.  We never paid for users we weren't using, and everyone was 
happy.

I know your audits aren't license audits, so things are a bit different, 
but if you work to make it non-confrontational with the auditors, they'll 
appreciate it and make your life easier, generally speaking.

Of course there are pricks in every field, and auditing is no different 
in that respect.

Jim


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From: Jim Henderson
Subject: Re: Management perception
Date: 4 Jul 2008 05:35:21
Message: <486deed9$1@news.povray.org>
On Fri, 04 Jul 2008 09:12:01 +0100, Invisible wrote:

> Well we're not doing that at any other sites, so I don't think it's
> necessary.

"Well, regulation 10.3.723 subsection b, paragraph 6 says it is required 
when there's only one IT staffer at the site.  Since I'm that person 
here, we need to meet that requirement, unless there's an IT staff member 
I'm not aware of here - and I don't think that's the case, because I'd 
know.  Either way, the auditors are going to be looking for compliance 
with this regulation, so how do you suggest I answer their questions 
about why we're not compliant?"

Jim


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From: Invisible
Subject: Re: Management perception
Date: 4 Jul 2008 05:42:34
Message: <486df08a$1@news.povray.org>
>> Well we're not doing that at any other sites, so I don't think it's
>> necessary.
> 
> "Well, regulation 10.3.723 subsection b, paragraph 6 says it is required 

If only.

The regulations only say that backups have to be taken every day.

If I make too much of a fuss about it, the head IT people will probably 
just nominate some random person and promote them to be a member of IT. 
(Despite the fact they have no clue what they're doing.) And then I'll 
have solved one medium problem and created a large problem...

This is always the worry - rather than do the simple and easy thing that 
completely solves the problem, they always want to do something more 
complicated that generates new problems. I really hate it!

Still, with a little unauthorised access to centralised systems, I was 
able to sort this particular problem out without their help. "The" 
sysadmin may be God, but when you have several of them things start to 
get... interesting.

(Wasn't there a Pratchey book gooded "small gods" or something?)

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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From: Jim Henderson
Subject: Re: Management perception
Date: 4 Jul 2008 06:19:22
Message: <486df92a@news.povray.org>
On Fri, 04 Jul 2008 10:42:33 +0100, Invisible wrote:

>>> Well we're not doing that at any other sites, so I don't think it's
>>> necessary.
>> 
>> "Well, regulation 10.3.723 subsection b, paragraph 6 says it is
>> required
> 
> If only.
> 
> The regulations only say that backups have to be taken every day.
> 
> If I make too much of a fuss about it, the head IT people will probably
> just nominate some random person and promote them to be a member of IT.
> (Despite the fact they have no clue what they're doing.) And then I'll
> have solved one medium problem and created a large problem...

So then you step up pointing out the issue.  Has the person been properly 
trained?  Do the regs require any specific training for the additional 
person?  What is the financial exposure to the company if the audit is 
failed because of inadequate training, or if the backups fail and 
critical data is lost?

> This is always the worry - rather than do the simple and easy thing that
> completely solves the problem, they always want to do something more
> complicated that generates new problems. I really hate it!

It's sometimes hard to do, but don't worry about what might be.  You can 
spend years thinking up worst-case "what if" scenarios and let that 
prevent you from solving an immediate problem.  Deal with the problems 
you have, not with the problems that might be.

And on that note (and pardon the total non-sequitor here), I realise I 
have to take my own advice here so I *can* get some sleep.  (Without 
getting into details, I learned about a potential really really bad 
health issue today in my family, but there hasn't been a diagnosis yet, 
but I've been worried absolutely sick about it all night = dealing with a 
problem that *might* be, rather than waiting for a diagnosis to be made 
by a qualified doctor.  Yes, it's time I take my own advice on this one.)

> Still, with a little unauthorised access to centralised systems, I was
> able to sort this particular problem out without their help. "The"
> sysadmin may be God, but when you have several of them things start to
> get... interesting.

Yep, they do.  Especially in a distributed environment.  There are 
certain operations that require centralised control.  The trick is in 
knowing which ones are.

Be careful about using unauthorised access, though - it can bite you in 
the ass if things go wrong.

> (Wasn't there a Pratchey book gooded "small gods" or something?)

Might've been.

Jim


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From: Tom Austin
Subject: Re: Management perception
Date: 7 Jul 2008 08:17:15
Message: <4872094b$1@news.povray.org>
Invisible wrote:
> It just annoys me when some manager says "we should do X". And I 
> carefully explain "X is a bad idea because of A, B, C, D, E and F". And 
> the manager says "...yeah, well, I don't think those are problems". I 
> mean, WTF can you say to that??
> 
> Poor decisions are one thing. When you carefully explain why a dicision 
> is bad, and you get a reply that says no it isn't - no explaination, 
> just "I think you're wrong" - it's rather irritating.
> 
> Or when I say "I need to do X", and they say "nah, I don't think that's 
> necessary". Er, well actually, yes it is. But hey, they're not the ones 
> who are going to get screamed at when the auditors can. I am.
> 


As I read the posts it occurred to me that there is another aspect of 
the situation.

How are you perceived at being able to do your job?

This isn't about your actual capabilities, it is what you are able to 
project to the manager.

If your manager sees you as young, immature, or unconfident, he may 
dismiss your expert views.

If your manager sees you as smart and confidant your wildest suggestions 
may be taken without question.

I know I struggle with this.


Tom


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From: Invisible
Subject: Re: Management perception
Date: 7 Jul 2008 08:25:34
Message: <48720b3e$1@news.povray.org>
Tom Austin wrote:

> How are you perceived at being able to do your job?
> 
> This isn't about your actual capabilities, it is what you are able to 
> project to the manager.

That's probably it, you know.

The current set of IT managers are less egocentric than their 
predecessors, but still tend to ignore any outside input - I kind of 
"I'm the expert, I know best" attitude. Who knows, maybe that's how they 
got to be put at the top? Non-experts can't tell how good they "really" 
are, only how confident they seem...

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*


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