Last night, many of us watching the Oscars felt that Lily Gladstone, Killers of the Flower Moon, was snubbed when Emma Stone was awarded the Oscar for Best Actress for her performance in Poor Things. Previously, many also felt that Greta Gerwig was snubbed for not even receiving a nomination for Best Director for
We didn't watch the Oscars as we hadn't seen any of the movies.... OK, except for Barbie which my wife watched on our flight to or from Italy. So my only connection to this editorial was my experiences with performance awards which occurred long before working with Dan. I'll give two examples...one I enjoyed, and one I found frustrating. Both were in Real Estate development...and both were related to each other and $ income. I probably liked the first simply because it provided a sizable and generally reliable addition to my annual salary. My boss was a finance guy and he would meet with the parent officers once a year to set our goals. The major benchmarks were typically rental rate, ($/sf) and occupancy (%). My boss would negotiate achievable goals and my job was to beat those goals. I don't remember any we missed or did not surpass the mark. Note there was some wiggle room...lower the rate where needed to increase occupancy...just don't be obvious. I also was tasked to assemble the yearly presentation (slides rather than PowerPoint). Each year, I would pack up the projectors and slides in a flight case...hoping my boss would not fail us. Years later I learned that he never presented as it would make all other profit centers look too bad. For the record, we always had the highest occupancy and highest rental rate in the San Fernando Valley, CA.Yes, The Galleria of Valley Girl fame, and those movies helped us to get those bonuses. The next example comes from another reincarnation of that management team, but with a different supervisor for me. This time the company had a bonus program that involved personal and company achievements. Interestingly but also unfortunately, it seemed to me that every year I excelled, the company did not do that well (and vice/versa). I finally told my supervisor that I would strive to do the best I could, every day, and hope that he would find a way to compensate me accordingly. Last thought...as I said this was substantially the same company, so perhaps a difference of LA vs Philly. But also empowerment vs stay in your place. Ed.
We didn't watch the Oscars as we hadn't seen any of the movies.... OK, except for Barbie which my wife watched on our flight to or from Italy. So my only connection to this editorial was my experiences with performance awards which occurred long before working with Dan. I'll give two examples...one I enjoyed, and one I found frustrating. Both were in Real Estate development...and both were related to each other and $ income. I probably liked the first simply because it provided a sizable and generally reliable addition to my annual salary. My boss was a finance guy and he would meet with the parent officers once a year to set our goals. The major benchmarks were typically rental rate, ($/sf) and occupancy (%). My boss would negotiate achievable goals and my job was to beat those goals. I don't remember any we missed or did not surpass the mark. Note there was some wiggle room...lower the rate where needed to increase occupancy...just don't be obvious. I also was tasked to assemble the yearly presentation (slides rather than PowerPoint). Each year, I would pack up the projectors and slides in a flight case...hoping my boss would not fail us. Years later I learned that he never presented as it would make all other profit centers look too bad. For the record, we always had the highest occupancy and highest rental rate in the San Fernando Valley, CA.Yes, The Galleria of Valley Girl fame, and those movies helped us to get those bonuses. The next example comes from another reincarnation of that management team, but with a different supervisor for me. This time the company had a bonus program that involved personal and company achievements. Interestingly but also unfortunately, it seemed to me that every year I excelled, the company did not do that well (and vice/versa). I finally told my supervisor that I would strive to do the best I could, every day, and hope that he would find a way to compensate me accordingly. Last thought...as I said this was substantially the same company, so perhaps a difference of LA vs Philly. But also empowerment vs stay in your place. Ed.
You are a good man, Ed.
Thanks Dan, especially as you always earn my respect. I wasn't sure where that reply would go but with your comment, I believe I am in a good place.
LOVE this!