Adobe Stock price

Discussion in 'Photography' started by PeterN, Nov 30, 2013.

  1. PeterN

    PeterN Guest

    According to a rece3nt article in Forbes, Adobe discontinued is practice
    of "stack ranking," (a system that requires managers to fire their worst
    people every year. The article proposes that this change in its employee
    management practices could be a cause of the stock increase. Is it
    possible that Microsoft believes this too. The article makes for a good
    read, and intimates that conversion to the subscription model may not be
    the cause of its stock increase. I freely confess that I don't know the
    answer.


    <http://www.forbes.com/sites/petercohan/2013/11/29/adobes-stock-up-68-since-it-dumped-stack-ranking-will-microsofts-follow/>

    --
    PeterN
     
    PeterN, Nov 30, 2013
    #1
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  2. PeterN

    Robert Coe Guest

    On Sat, 30 Nov 2013 15:16:10 -0500, PeterN <>
    wrote:
    : According to a rece3nt article in Forbes, Adobe discontinued is practice
    : of "stack ranking," (a system that requires managers to fire their worst
    : people every year. The article proposes that this change in its employee
    : management practices could be a cause of the stock increase. Is it
    : possible that Microsoft believes this too. The article makes for a good
    : read, and intimates that conversion to the subscription model may not be
    : the cause of its stock increase. I freely confess that I don't know the
    : answer.
    :
    :
    : <http://www.forbes.com/sites/petercohan/2013/11/29/adobes-stock-up-68-since-it-dumped-stack-ranking-will-microsofts-follow/>

    The premise that the abolition of stack ranking would drive a company's stock
    price up, rather than down, is counterintuitive, is it not?

    Bob
     
    Robert Coe, Dec 3, 2013
    #2
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  3. PeterN

    PeterN Guest

    On 12/2/2013 10:36 PM, Robert Coe wrote:
    > On Sat, 30 Nov 2013 15:16:10 -0500, PeterN <>
    > wrote:
    > : According to a rece3nt article in Forbes, Adobe discontinued is practice
    > : of "stack ranking," (a system that requires managers to fire their worst
    > : people every year. The article proposes that this change in its employee
    > : management practices could be a cause of the stock increase. Is it
    > : possible that Microsoft believes this too. The article makes for a good
    > : read, and intimates that conversion to the subscription model may not be
    > : the cause of its stock increase. I freely confess that I don't know the
    > : answer.
    > :
    > :
    > : <http://www.forbes.com/sites/petercohan/2013/11/29/adobes-stock-up-68-since-it-dumped-stack-ranking-will-microsofts-follow/>
    >
    > The premise that the abolition of stack ranking would drive a company's stock
    > price up, rather than down, is counterintuitive, is it not?
    >

    At 60 mph I would tend to agree. There has to be some method to keep
    employee performance at a high level, and terminate the underachievers.
    A business is not a kindergarten. What is being done is to replace
    annual reviews with continuing reviews and goal setting. According to a
    friend of mine, who is a in a company owned by a private equity company,
    employee stacking created an atmosphere of fear and uncertainty as
    annual evaluation time came around. Employee real production actually
    dropped as creativity went out the window and they started to literally
    follow the inane work rules that most companies have. When this company
    dropped employee stacking, year round creativity and profits increased.
    The rote managers and paper shufflers were terminated. I am not expert
    enough in HR to state with certainty that employee stacking should be
    dropped. But, there appears to be a strong case that: employee stacking
    is not suitable for all companies; and using a different method of
    employee evaluation helps to increase the bottom line.




    --
    PeterN
     
    PeterN, Dec 3, 2013
    #3
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