In my post “Hey Bill Foote…” one of my readers commented that I know exactly how Mr. Chairman sleeps at night, because 99% of executive leadership is NPD.
She’s right. I’ve had more than enough experience with these guys to know they care about nothing and no one but themselves. They rise to the top level not because they are cream, but because they are oil, and they sit there, on top of the ever-flowing water of staff, and smother all the life out of them.
Oh yeah, Miss Tracy, you are dead on.
I know how Bill Foote sleeps at night. He could give a flying rip about how his actions affect the worker-bees just as long as he gets what he wants. He needs to please the shareholders, at least those with majority shares, and let me tell you what I know about shareholders. Those who have the money to own enough stock to count for something, vote. Those who don’t, pay no attention to the materials they get regarding voting on issues.
I know this because I’ve been a minority shareholder in a company and my vote counted for zilch. I would read that material every time I got it and if I didn’t like what they were planning to do, I’d vote no. I’d try to rally the ranks to get them to vote, but my efforts were greeted with the same apathy as political elections (okay, except when we were voting Bush out of office!). The answer would always be: “What can I do? I’m just one person. My vote doesn’t count. ” Yes, your vote counts as long as ALL the shareholders get up off their asses and VOTE.
The problem is, that when you have someone like Warren Buffet owning 15% of the stock in a company, and you have a million other people holding tiny blocks of stock, and believing their vote won’t count, whose vote will get the most weight?
NPDs rise to the top by doing exactly what Bill Foote is doing to USG. They get there by trampling on others, by disregarding the needs of others, by smooth prevarication and obfuscation of the REAL issues. It’s all about them and their money. Never is it about what the majority needs.
Do I think, even for a minute, that Mr. Chairman of USG will squeeze one little penny from his own pocket to help those he’s trampling in this latest move? I’m not that naive. He’ll be out golfing, or yachting, or basking in the glow of praise from all his other NPD corporate minions while REAL people get shoved out the door into poverty, and perhaps even death, if they can’t get the healthcare they need.
He’ll be drinking by the fireplace over the holidays while those he’s ruined cross holidays off their to-do list and push survival to the top of that list.
He won’t spare a single thought for those he’s harmed. He’s done his D&D quite well. And for those of you who don’t know what D&D is, that stands for “Devaluation and Discard.” That’s what he’s done to his AMERICAN workers while standing beneath a corporate logo that has the words UNITED STATES in it.