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Sunday, June 10, 2018

Two Terms for Trump?

It seems unimaginable that America would re-elect Trump in 2020. Have we learned nothing?

But consider this:

1. He can probably get the nomination. He's driven many of his Republican antagonists out of Congress (Corker, Flake, Ryan). He's a sitting president, with all the advantages of incumbency. Kasich seems to be running, but the moderate Kasich made no impact in 2016.

2. Trump is extremely good at taking up all the media air in the room.  He always has been, in fact. He's appeared on talk shows as a personality since the 1980s.  Gary Trudeau (Doonesbury) has a whole book of Trump cartoons that appeared in Doonesbury before he was nominated.  Trump's ability to suck up all the media air in the room makes it difficult for competing Democrats to get known.

3. Those Democrats that are known are basically too old. Hillary, Sanders, Biden, Warren -- all are as old as Trump.  Hillary's a multiple loser with lots of weaknesses. Sanders is very old, not really a Democrat, and it's clear he's got the math right.  Biden's tried for president before, exciting about as much attention as Kasich.  Warren will get branded as "Pocahontas", unfairly but humorously. Are there new ideas in this bunch?

4. Yes, there are younger Democrats, but the weakness of the Democrats at the state level, which got worse during the Obama years, means there are fewer. Not that many are well known outside their state.

5. Finally, there's the media, where Trump has been very, very good for business. The New York Times returned to profitability in 2017. Digital subscriptions are up. The Washington Post is also doing well nationally. Cable news ratings are way up. Trump's good for business.

Much of the working media (e.g. reporters) don't like Trump.  But there's no such thing as bad publicity in the Trump world (see point #2).  And once you've got reporters on the scene, covering Trump is cheap -- a lot cheaper than, say, investigative reporting, and with better ratings than covering our ballooning national debt.

The media is much more concentrated now.  A small number of groups like Sinclair, Disney, Viacom, etc. own media outlets.  These companies are mostly public (with that pressure for quarterly earnings).

From the financial point of view, these companies would be best off with 8 years of Trump as a punching bag. A Kasich presidency, where there's a return to compromise, not insulting our allies, and little tweeting doesn't seem so good for the media  bottom line. 

So what happens if the media companies figure out how much a second Trump term is worth to them?  They can still cover the excesses of Trump, but give less airtime to the less well known Democrat.  This is easy to do, since incumbent presidents are newsworthy by definition.

Tuesday, November 07, 2017

So, what disaster led to this mandatory training?

A few months ago, there was mandatory business ethics training at a company I consult for. Now, today, there's this further training from the same company:
"Recently, [CEO] announced the adoption of our revised Code of Conduct that outlines the standards of integrity and ethical behavior that should guide all our decisions and interactions at [Company].
In order to help you [!!!!!!] ... we are announcing a new mandatory training program for all employees. ...
This mandatory training is required ... and must be completed no later than [9 business days from now]."
What the heck. I'm paid by the hour.

😉But what I want to know is: WHO SCREWED UP, AND JUST HOW BADLY DID THEY SCREW UP that they need two mandatory training programs plus a new official Code of Conduct? 😉

It's hard not to be curious.

A second possibility

A second possibility is that this is all CYA: the company knows this stuff might be / is going on, and wants to be able to say "Don't blame the executives; we explicitly told everyone not to do that.", even though there may be subtle encouragement to engage in such practices.

This is what might be termed the Wells Fargo approach -- employees had official directives not to do things, and were fired when they did them, but corporate reaped big bonuses for subtly encouraging such practices AND not monitoring the employees for compliance with the account opening policies.

As to the third possibility -- that this is all sincerely meant -- I will point out that I spent my working career working in large corporations. That possibility seems so unlikely I'm not even going to consider it.


Consultant takes no responsibility whatsoever


While this Code of Conduct and mandatory training certainly provide the opportunity for the employee to be fried for noncompliance, those designing the training course clearly want to take no responsiblity whatsoever (emphasis added).

This course was developed with subject matter support provided by [some firm LLP]. Please note, however, that the course materials and content are for informational purposes only and do not constitute legal advice and may or may not reflect the most current legal developmentsNothing herein, or in the course materials, shall be construed as professional advice as to any particular situation or constitute a legal opinion with respect to compliance with legal statutes or statutory instruments. [Some firm LLP] accepts no responsibility for their contents and the reliance on the contents is prohibited and at the user's risk. Transmission of the information is not intended to create, and receipt does not constitute, a solicitor-client or attorney-client relationship. Readers should not act upon this information without seeking independent legal advice.

It's not just me. This training is just CYA for employers 

Addendum: Some days later (Nov 17, 2018) the Washington Post had a nice article summarizing the real purpose of such training (specifically sexual harassment training):

there is little evidence that training reduces sexual harassment. Rather, training programs, along with anti-harassment policies and reporting procedures, do more to shield employers from liability than to protect employees from harassment.