<p>Oldfort-</p>
<p>You are conflating being able to work with other people or being able to work to the good of the company with being someone working at a level of mediocrity, and that is again a simplification. The kind of person you are talking about is what used to be known as the “Good Time Charlie”, the person everyone likes, who doesn’t make waves, but that is not the definition of someone who necessarily is a team player or whatever. There is a difference between popularity and respect and in a company, respect is what it is about. </p>
<p>And you also can be an alpha, be a high flyer and not be competing against others (and in a second I will show you how that kind of competition often doesn’t work in ‘the real world’). Someone can take on the job with the idea it is important, that it needs to be done, can reach out and grab things that need doing no one else is an so forth, I have done that my whole career, it is because I was brought up to believe that if something needs doing and I can do it, and achieve what needs to be done, I will do it, I don’t care my job description or whatever. In one of my old jobs, I was the vp of a technical group, and a business person called me up asking for help with something. I could have easily deferred that to someone else, could have told them it wasn’t my job, and even though I had a lot on my plate, I helped them work through something, because it was important to get it done fast (had to do with a client request). I didn’t do that because I thought it would help my career, I didn’t do it because I thought it would bring me fame, I did it because it was in the best interests of the firm…and that is part of working in a team, including sacrificing things that directly help you to help others. On the other hand I often had the rap, from some idiots, that I wasn’t a team player, because I don’t pull my punches, I call things as I see them, and some people don’t like that <em>shrug</em>.</p>
<p>The problem with the ‘solo warrior’ and ‘competition’ is that the competition should be for someone to be better, improve themselves, work hard and then have that recognized. The young woman you mention as an alpha, tell me, as good as she is, does she ever go out of her way to help a colleague having problems? Did she ever notice what someone else was doing, and offer help or suggestions? Or is she the type who focuses on what she is doing, pushes others to help her, but never helps others? Is she someone focused on the good of the company, or her career? Does she give credit where credit is due, or spend a lot of time promoting herself? The problem with person to person competition is it becomes that, it becomes “Jack could get that vp slot before me, I better not help him with his stuff, he’ll take credit for it” or worse, find ways to discredit jack and boost themselves… this is not exactly old news, and quite frankly, in most businesses they are spending a lot of time trying to discourage that kind of attitude. </p>
<p>Why? Because in the end, it isn’t very good for the business. You working in IB should know that, Oldfort, what happens when a banker proposes an M and A that might end up bringing in a ton of fees to the firm, but isn’t in the best interests of the client? When you have the kind of competition you are talking about, often it is in the eye of personal interest over the firm. The executive who decides to cut 10,000 jobs from his division to improve his bottom line (and thus the value of his stock holdings) could very well ruin the company (want a prime example? Bob Nardini, one of the Jack Welch apprentices, did that at the Home Depot and nearly wrecked the company, all in the name of boosting the stock price and making even more money for himself). Bankers propose all kinds of wacked out deals, or do ethically questionable things, to ‘outgun’ the other bankers, and often it is not a great thing. Bankers at UBS went head over heels with CDO’s, creating and selling these beasts (for those not sure of what they are, CDO’s were the packaged instruments based on home mortgages that nearly crashed the global financial system, along with the Credit Default swaps sold to back these up), and it put UBS on the path to bankruptcy (only avoided because the Swiss Government bailed them out)… </p>
<p>Jack Welch himself, that supposed Buddha of the business world (as you can tell,I am not a fan), admitted as much. Welch’s mantra in the business world was that for any division, it should be 1st, second or get out of that market. Later on, when accounting fraud and other things hit the industry, including at GE, he said that maybe that wasn’t such a great thing, because it encouraged managers to lie, to find ways to game the system and so forth. On an individual level, what this leads to often is cutthroat competition, where it is every man for him/herself, and you do whatever it takes to ‘beat’ the other people, which can lead to all kinds of less them optimal behavior, like stealing the ideas of others, undercutting them in other people’s eyes, finding ways to dump work on them so you can shine on a ‘big’ project and so forth, it is one of the reasons we frankly have had so many ethics scandals in business, it is setting a path to do anything to ‘win’. There is nothing wrong with being aggressive or being focused or wanting to succeed, but that should be based in being aggressive to do the things needed to get ahead while also keeping in focus what is best for the business, rather then what is best for yourself…and someone brought up on the Chua model that you compete with everyone, everyone else is in effect your enemy, is going to be looking out for #1, themselves, in my experience. BTW this isn’t just personal experience, I have grad degrees in management, both in technical management and quality and productivity management and this is in the case studies you go through in those programs.</p>