Panera founder says employees aren't motivated by the idea of making money for shareholders: 'Nobody cares'
Panera founder says employees aren't motivated by the idea of making money for shareholders: 'Nobody cares'
Panera's founder says "therapists belong in the C-Suite" and can help CEOs understand workers' motivations.
😅 🤪 🤪 🤪 😱
Help me make $$$, then I’ll care. Until then, shareholders can go fish.
No shit lol. I have zero vested interest in creating that value because I see zero returns myself. Aside from the vague notion of maybe getting more hours (which is moot if I already have enough), why the hell should I care?
I'm sorry to admit that I'm constantly surprised about how out of touch people can be.
It's unreal how oblivious and out of touch people are. "no one wants to work anymore" no, people just want to get paid a livable rate. It's not that fucking hard.
No shit?
This is the best summary I could come up with:
High up in the business world, where decisions can be molded and shaped by the needs and demands of major investors and shareholders, it can be easy to forget that, well, most average people don't really care about that, Panera's founder says.
Beyond not pretending to be motivated by shareholders, some younger workers have been vocal about wanting certain changes to work culture, such as a better work-life balance.
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.
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.
I made another penny a share today for Panera's shareholders,'" Shaich told Business Insider in an interview.
Shaich said that he believed a key part of good management is connecting with and understanding employees and that he is a big proponent of therapy.
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