this post was submitted on 13 Dec 2023
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Panera's founder says "therapists belong in the C-Suite" and can help CEOs understand workers' motivations.

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[–] [email protected] 34 points 1 year ago (1 children)

I'm having a hard time imagining that creating shareholder value was ever a motivation for those working on the floor.

[–] [email protected] 22 points 1 year ago (1 children)

At least one founder and former CEO agrees that the idea of boosting shareholders' returns isn't likely to be a key motivator to workers these days. Ron Shaich, Panera Bread's founder and former longtime CEO, has stressed how important it is for management and members of the C-suite to empathize with their employees and better understand what can get their buy-in to the company's mission.

"No employee ever wakes up and says, 'I'm so excited. I made another penny a share today for Panera's shareholders,'" Shaich told Business Insider in an interview. "Nobody cares. You don't care whether your CEO comes or goes."

What a click bait bullshit title. The person never said what they are implying they said.

[–] [email protected] -1 points 1 year ago (1 children)

To be fair, there isn't really anything in the title to imply that. It's just what people are primed to infer.

[–] xmunk 13 points 1 year ago (1 children)

Nah, that title knows what the fuck it's implying and it's doing it for the clicks.

[–] [email protected] 1 points 1 year ago

They might know people will infer that. But that's still not in the text itself. And insisting it is requires mind reading.

One should always keep Hanlon's Razor in mind.

[–] somePotato 22 points 1 year ago (1 children)

Did anyone here read the article?

He's not saying "those lazy peasants should know their only purpose is to make me richer and be happy about it", he's saying "obviously nobody will be motivated by making some rich jerks richer while getting paid peanuts".

Unfortunately in the second half he goes into out of touch CEO mode, but the quote on the ragebait title is actually very reasonable

[–] [email protected] 5 points 1 year ago

Yeah I read the headline and thought this had to be an onion article, glad it's a little more positive ig

[–] [email protected] 16 points 1 year ago

He makes some good points and some bad ones. But I bet we'd all be happier if we worked for employee-owned businesses with no shareholders or executives at all.

[–] [email protected] 12 points 1 year ago (1 children)

Fuck the shareholders I’m here to not starve not enrich them

[–] [email protected] 9 points 1 year ago (1 children)

Rage bait headline does its job I guess.

He wasn't saying that in a way that's negative towards workers but towards CEOs. He's right, no one cares about enriching the fat cats.

[–] [email protected] 3 points 1 year ago

I’m not speaking in response to the article but to those the article is talking about, you know, the ones who do whatever it takes to get those record quarterly profits

[–] [email protected] 12 points 1 year ago* (last edited 1 year ago)

Yeah no fucking shit. Even the big-picture, meta sort of "a successful business rewards its employees" doesn't hold water these days because everyone in entry-level jobs will tell you that things get worse and more complicated the bigger the company gets.

[–] Cry_in_the_Walk_In 11 points 1 year ago

As someone with a master of I/O psychology degree, there are some organizations that hire individuals with a psych background to assist in creating a healthy, psychologically safe, workplace environment.

That said, in talking with others in the field the "make our employees mentally healthy," quickly devolves into "use your psycho head games to make our employees do what we want."

[–] [email protected] 5 points 1 year ago* (last edited 1 year ago) (1 children)

Maybe give people stock options. I’m going to make over 100k a year for the next three years just in stock options because of shareholder value.

ETA: Panera isn’t a public company anymore. It was bought a few years ago by a crappy company. So there is no reason for employees to go the extra mile.

[–] lurch 2 points 1 year ago (1 children)

That also may give them votes. They basically become their own bosses. Has helped a lot of companies.

[–] [email protected] 1 points 1 year ago

I’m a huge fan of stock options or stock. Everyone should get some skin in the game.

As much as people want to whine. We are all shareholders if you have a pension or 401k.

Why I’m a fan of the old ceo of Costco. Not only did he create growth in the stock. He treated the employees well. He felt the two went hand in hand. He looked at long term goals and not short term market shifts.

We have to many executives look at short term goals.

[–] [email protected] 2 points 1 year ago

It's kinda crazy that this is such a business-world revelation. Wow. Deep thoughts, my guy.

C-suiters really need therapists to explain working class life to them so they can learn the capacity to empathize.

Sorry, neo-feudalist-gilded-age-run-by-socipaths-says-what?

[–] [email protected] 1 points 1 year ago

Therapists. hire teachers.

[–] [email protected] 0 points 1 year ago (1 children)
[–] PizzasDontWearCapes 2 points 1 year ago

It's clickbait