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submitted 9 months ago by [email protected] to c/[email protected]

Panera's founder says "therapists belong in the C-Suite" and can help CEOs understand workers' motivations.

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[-] [email protected] 69 points 9 months ago

Actually a fairly enlightened take if you read beyond the headlines.

"No employee ever wakes up and says, 'I'm so excited. I made another penny a share today for Panera's shareholders,'" Shaich told Business Insider in an interview. "Nobody cares. You don't care whether your CEO comes or goes."

He goes on to talk about how therapy helped him better empathize with himself, customers, and employees.

The 'today' in the headline I think is the click bait and something the author is indirectly putting in this guy's mouth.

[-] [email protected] 20 points 9 months ago* (last edited 9 months ago)

Unless he actually then improved his workers conditions (at the very bare minimum, which he hasn't, instead it looks like they're cutting staff to boost "productivity" in preparation for going public because, you guessed it - that'll make more money for the shareholders), that statement is entirely hollow, and is there for no other reason than to make him feel better.

Fuck the CEO getting "enlightened" from all the therapy he can afford if all he does with it is state what's already obvious to those who can barely afford rent, let alone therapy.

[-] [email protected] 6 points 9 months ago

If they’re not public already they don’t have shareholders as that term is typically used. They may have investors who are forcing them to go public because they don’t want a simple loan payback, they want the bonanza of an ipo.

[-] [email protected] 1 points 9 months ago

As the old saying goes, "There's only one winner in an IPO. His name is George. He makes bank on each one. Everyone else leaves the situation worse off, either immediately, or later, unless George tips them off when to sell."

[-] [email protected] 10 points 9 months ago

yeah that makes a difference. he was not saying it like nowadays but that its never been the case.

this post was submitted on 13 Dec 2023
69 points (79.0% liked)

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