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Leadership is full of sycophants

Technical Lead Developer
Current Employee
Has worked at Fidelity Investments for less than 1 year
July 14, 2021
Raleigh, North Carolina
3.0
Doesn't RecommendPositive OutlookApproves of CEO
Pros
  • Job security
  • No work pressures
  • Internal movements
Cons

About 60% of staff is useless. You bump into people who call themselves leaders, managers, or agile gurus, but have no clue about the product, the business, or the technology.

Leaders are sycophants who love sycophants. Hence, only sycophants move up.

Promotions happen not based on merit, but on sycophant leaders choosing their favorite sycophants.

When leaders move to a different organization, they take these incapable sycophants with them. They together spoil the culture of the new team.

Good people are leaving. Many great leaders who built core systems from the ground up are not rewarded. Sycophants who have no knowledge of product, business, or technology are constantly repelling them.

In the name of diversity & inclusion, incapable people are being promoted to the highest positions, and they are failing every day.

Advice to Management

Don't look for people just like you. Brush up your knowledge – you are too outdated. Get into what's being done at the ground level, instead of spending 8 hours a day on how to please your boss. Because if you have no clue about the product being built or the technology being used, you will only know your best sycophants to promote, not the people who are doing the real work and actually running Fidelity.

Additional Ratings

Work/Life Balance
5.0
Culture and Values
2.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
3.0
Compensation and Benefits
3.0
Senior Management
1.0

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