How valuable is someone’s’ service. To find out, measure the amount of product delivered with kind competence. As businesses get larger, there is little understanding at the executive level about what happens in the middle or at the bottom. Each added layer of bureaucracy lowers kindness and competency while, ironically, CEO’s salaries skyrocket.
Overload occurs at the point that no more product can be delivered kindly and competently. The economic value of an overloaded worker decreases rapidly; and while the worker may still make his company money, the total economic value of his efforts can be a large negative number.
John Stumpf, oversaw Wells Fargo last year. His 21.3 million dollar salary was economically wasted on his incompetence and lack of kindness. Monthly fees on children’s and adults, savings accounts, unilateral changes in mortgage contracts, illegal foreclosures, retarded application of payments, and a predatory fee and work environment, do not reflect competence at the helm. It is an attack on the most vulnerable American’s. (See Piggy Bank Robbery)
Investing in Wells Fargo Stock is stupid and mean. It is stupid because the stock is going to tank. These are not stellar business practices, and we are going to make sure that people are informed and the bank regulators are held accountable. Investing in Wells Fargo Stock is mean. It is funding criminal behavior, and unbalancing the monetary side of the economic equation. (See Poor Tax)