Go Back  Bike Forums > Bike Forums > Road Cycling
Reload this Page >

Serotta News and it is not good...

Search
Notices
Road Cycling “It is by riding a bicycle that you learn the contours of a country best, since you have to sweat up the hills and coast down them. Thus you remember them as they actually are, while in a motor car only a high hill impresses you, and you have no such accurate remembrance of country you have driven through as you gain by riding a bicycle.” -- Ernest Hemingway

Serotta News and it is not good...

Thread Tools
 
Search this Thread
 
Old 08-12-13, 12:16 PM
  #76  
RollCNY
Speechless
 
RollCNY's Avatar
 
Join Date: Jun 2011
Location: Central NY
Posts: 8,842

Bikes: Felt Brougham, Lotus Prestige, Cinelli Xperience,

Mentioned: 22 Post(s)
Tagged: 1 Thread(s)
Quoted: 163 Post(s)
Likes: 0
Liked 39 Times in 16 Posts
Just my opinion, but it seems that the higher you rank, the more likely you are to be dismissed by a curt phone call. It has little to do with respect, and more to do with "defense against a law suit". In face to face meetings, the firer often gets apologetic and whiny, and says things that get used against them later in court. If Mr. Serotta is surprised by the means, then he probably didn't comprehend the depth of the water in which he swims.
RollCNY is offline  
Old 08-12-13, 12:17 PM
  #77  
roadwarrior
Senior Member
Thread Starter
 
roadwarrior's Avatar
 
Join Date: Oct 2002
Location: Someplace trying to figure it out
Posts: 10,664

Bikes: Cannondale EVO, CAAD9, Giant cross bike.

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 67 Post(s)
Likes: 0
Liked 7 Times in 6 Posts
Originally Posted by merlinextraligh
Doing it by phone is a bit chicken ****.

But when he sold an interest to a private equity group, he pretty much should have known what was coming.
The issue is that Ben Serotta is liked in the cycling community (from what I have seen). As a result, this treatment is now public information. This could impact that future plans of the chuckleheads that run the place, now. It's stupid. They could have hanlded it in a respectful professional manner.

I will give you that this is one side of the story. Who knows what else might be going on? But I have my doubts that the story is any different than as it is being portrayed.

Harvey McKay once said, if you are going to burn your bridges, you better be a damn good swimmer.
roadwarrior is offline  
Old 08-12-13, 12:18 PM
  #78  
roadwarrior
Senior Member
Thread Starter
 
roadwarrior's Avatar
 
Join Date: Oct 2002
Location: Someplace trying to figure it out
Posts: 10,664

Bikes: Cannondale EVO, CAAD9, Giant cross bike.

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 67 Post(s)
Likes: 0
Liked 7 Times in 6 Posts
Originally Posted by RollCNY
Just my opinion, but it seems that the higher you rank, the more likely you are to be dismissed by a curt phone call. It has little to do with respect, and more to do with "defense against a law suit". In face to face meetings, the firer often gets apologetic and whiny, and says things that get used against them later in court. If Mr. Serotta is surprised by the means, then he probably didn't comprehend the depth of the water in which he swims.
He did not say he was surprised. Disappointed is a better term.

BTW...the higher you rank the less whiny and apologetic you become.
roadwarrior is offline  
Old 08-12-13, 12:25 PM
  #79  
RollCNY
Speechless
 
RollCNY's Avatar
 
Join Date: Jun 2011
Location: Central NY
Posts: 8,842

Bikes: Felt Brougham, Lotus Prestige, Cinelli Xperience,

Mentioned: 22 Post(s)
Tagged: 1 Thread(s)
Quoted: 163 Post(s)
Likes: 0
Liked 39 Times in 16 Posts
Originally Posted by roadwarrior
BTW...the higher you rank the less whiny and apologetic you become.
Yes and no. I have been involved in corporate manufacturing for many years, and have seen many very powerful people totally lose their heads in termination meetings, and say things that open up lawsuits. Many "powerful" people are excellent in business meetings, but come apart at the stress of termination.

Edit: stinking typo's. I think auto correct is somehow involved.
RollCNY is offline  
Old 08-12-13, 12:34 PM
  #80  
roadwarrior
Senior Member
Thread Starter
 
roadwarrior's Avatar
 
Join Date: Oct 2002
Location: Someplace trying to figure it out
Posts: 10,664

Bikes: Cannondale EVO, CAAD9, Giant cross bike.

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 67 Post(s)
Likes: 0
Liked 7 Times in 6 Posts
Originally Posted by RollCNY
Yes and no. I have been involved in corporate manufacturing for many years, and have seen many very powerful people totally lose their heads in termination meetings, and say things that open up lawsuits. Many "powerful" people are excellent in business meetings, but come apart at the stress of termination.

Edit: stinking typo's. I think auto correct is somehow involved.
This is why, when doing this you are accompanied by an attorney and someone from Human Resources (aka witnesses). And you are coached and you go through the process before doing it live.
roadwarrior is offline  
Old 08-12-13, 03:50 PM
  #81  
JakiChan
Senior Member
 
Join Date: May 2012
Posts: 809

Bikes: Specialized Sirrus Comp

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by roadwarrior
The lady who said she'd "drop kick to f'n Mars any employee that talked to the press"???

If you always take the high road, you do not need to be staring over your shoulder all the time.

She was also rated the most over paid CEO. But you still do not handle a parting like that.
I'm not saying I'm a fan. Just pointing out that yes, it's tacky, and it's not just a small company thing.
JakiChan is offline  
Old 08-12-13, 04:03 PM
  #82  
NWS Alpine
Senior Member
 
Join Date: Nov 2011
Location: South Florida
Posts: 1,104
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 1 Time in 1 Post
Originally Posted by roadwarrior
This is why, when doing this you are accompanied by an attorney and someone from Human Resources (aka witnesses). And you are coached and you go through the process before doing it live.
A lot of places hire firms to handle this now. What an awful job to fire people all day. Cleaner for the existing employees at the company though.
NWS Alpine is offline  
Old 08-12-13, 04:12 PM
  #83  
RollCNY
Speechless
 
RollCNY's Avatar
 
Join Date: Jun 2011
Location: Central NY
Posts: 8,842

Bikes: Felt Brougham, Lotus Prestige, Cinelli Xperience,

Mentioned: 22 Post(s)
Tagged: 1 Thread(s)
Quoted: 163 Post(s)
Likes: 0
Liked 39 Times in 16 Posts
Originally Posted by roadwarrior
They could have hanlded it in a respectful professional manner.
Originally Posted by roadwarrior
This is why, when doing this you are accompanied by an attorney and someone from Human Resources (aka witnesses). And you are coached and you go through the process before doing it live.
No offense meant, but your comments continue to show naivety. There is no such thing as a "respectful" or courteous termination, only a professional one. Termination is the ultimate disrespect, and discourtesy you can give someone. Any lawyer will tell you that the key to a termination is brevity. I have never met a lawyer willing to "be a witness" to a termination, as it compromises their ability to later be your lawyer in that case.

Coaching is wonderful, but a professional termination demands a specific dispassion that very few high level executives or HR people can maintain, and their coaching dissolves as soon as the terminee asks "why". In my experience, most of them want to argue the merit of the termination, and achieve "understanding". They become emotionally involved, and want satisfaction. Most terminations involve emotional attachment on the part of the firing manager, and they can't put it below the surface. They default to anger to carry them through. HR managers tend to move to empathetic responses too quickly, and come across as patronizing in a hurry.

I am telling you first hand that I have seen many, many very high level executives handle terminations very poorly, despite having coaching and handlers with them. I have given that coaching, and been the handler, and watched it crumble every time. This is why companies employ "ax men" or "hatchet men".
RollCNY is offline  
Old 08-12-13, 05:33 PM
  #84  
brons2
Hook 'Em Horns
 
Join Date: Jul 2005
Location: Austin, Texas
Posts: 284

Bikes: Mine: Paul Taylor Custom 66cm, Rivendell custom 68cm, '75 Eisentraut Touring 69cm, 68cm track frame of indeterminate origin, '92 Cannondale M500. Ours: '93 Burley Duet tandem XL. Hers: L Mercier Sora thingy

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by RollCNY
I am telling you first hand that I have seen many, many very high level executives handle terminations very poorly, despite having coaching and handlers with them. I have given that coaching, and been the handler, and watched it crumble every time. This is why companies employ "ax men" or "hatchet men".
Most should have seen it coming. When your company is sucking wind and burning through cash and you don't have a viable business plan to turn it around, termination is inevitable. But people at top levels become too enamored of their own plans and ideas.
brons2 is offline  
Old 08-12-13, 05:50 PM
  #85  
halfspeed
Senior Member
 
halfspeed's Avatar
 
Join Date: Nov 2003
Location: SE Minnesota
Posts: 12,275

Bikes: are better than yours.

Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Likes: 0
Liked 3 Times in 3 Posts
Originally Posted by brons2
Most should have seen it coming. When your company is sucking wind and burning through cash and you don't have a viable business plan to turn it around, termination is inevitable. But people at top levels become too enamored of their own plans and ideas.
__________________
Telemachus has, indeed, sneezed.
halfspeed is offline  
Old 08-12-13, 06:02 PM
  #86  
Shimagnolo
Senior Member
 
Shimagnolo's Avatar
 
Join Date: May 2008
Location: Zang's Spur, CO
Posts: 9,083
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 3376 Post(s)
Liked 5,526 Times in 2,864 Posts
Originally Posted by NWS Alpine
A lot of places hire firms to handle this now. What an awful job to fire people all day. Cleaner for the existing employees at the company though.
The classic!
https://www.youtube.com/watch?v=85DtKlEgayM
Shimagnolo is offline  
Old 08-12-13, 06:02 PM
  #87  
Shimagnolo
Senior Member
 
Shimagnolo's Avatar
 
Join Date: May 2008
Location: Zang's Spur, CO
Posts: 9,083
Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 3376 Post(s)
Liked 5,526 Times in 2,864 Posts
Originally Posted by halfspeed
Wait! Are you implying Balmer actually has a plan???
Shimagnolo is offline  
Old 08-13-13, 04:38 AM
  #88  
roadwarrior
Senior Member
Thread Starter
 
roadwarrior's Avatar
 
Join Date: Oct 2002
Location: Someplace trying to figure it out
Posts: 10,664

Bikes: Cannondale EVO, CAAD9, Giant cross bike.

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 67 Post(s)
Likes: 0
Liked 7 Times in 6 Posts
Originally Posted by RollCNY
No offense meant, but your comments continue to show naivety. There is no such thing as a "respectful" or courteous termination, only a professional one. Termination is the ultimate disrespect, and discourtesy you can give someone. Any lawyer will tell you that the key to a termination is brevity. I have never met a lawyer willing to "be a witness" to a termination, as it compromises their ability to later be your lawyer in that case.

Coaching is wonderful, but a professional termination demands a specific dispassion that very few high level executives or HR people can maintain, and their coaching dissolves as soon as the terminee asks "why". In my experience, most of them want to argue the merit of the termination, and achieve "understanding". They become emotionally involved, and want satisfaction. Most terminations involve emotional attachment on the part of the firing manager, and they can't put it below the surface. They default to anger to carry them through. HR managers tend to move to empathetic responses too quickly, and come across as patronizing in a hurry.

I am telling you first hand that I have seen many, many very high level executives handle terminations very poorly, despite having coaching and handlers with them. I have given that coaching, and been the handler, and watched it crumble every time. This is why companies employ "ax men" or "hatchet men".
Before I owned my company, I was a VP, officer in a billion dollar company (my responsibilities were about 20% of the company). I know the game. I am not naive. I left to start my own company (which I subsequently sold) because I got tired of the bs and was about to go through my third acquisition in four years. Acquiring, not being acquired. Combining cultures and changing the culture of the acquired will kill you.

I was originally hired in from the outside, and since the organization (my part) was losing money like a rowboat with a huge hole, things had to change. And a few people had to go due to performance.

I did every single one face to face with dignity, and yeah it was difficult, but two of those people are friends of mine to this day. If you treat people like crap, you develop a reputation for that, then you can't hire the best people. And when that happens, you start the death spiral.

BTW....we were profitable in three years. Once that initial phase ended, we had zero turnover and people were thanking us for making the moves because they knew who was creating the problems and wondered why previous management had not done anything about it.


Ben Serotta is a respected person in the bike community, despite maybe hanging on to a business model that many of his dealers thought was not working anymore. To handle a termination of a person who is known and respected will come back to haunt the current owners.

Thanks for your thoughts, however.
roadwarrior is offline  
Old 08-13-13, 07:16 AM
  #89  
MrCharlie
Junior Member
 
Join Date: Sep 2011
Posts: 177
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Liked 0 Times in 0 Posts
Jesus...I thought this was a bike forum.
MrCharlie is offline  
Old 08-13-13, 07:39 AM
  #90  
RollCNY
Speechless
 
RollCNY's Avatar
 
Join Date: Jun 2011
Location: Central NY
Posts: 8,842

Bikes: Felt Brougham, Lotus Prestige, Cinelli Xperience,

Mentioned: 22 Post(s)
Tagged: 1 Thread(s)
Quoted: 163 Post(s)
Likes: 0
Liked 39 Times in 16 Posts
Originally Posted by MrCharlie
Jesus...I thought this was a bike forum.
Then why did you just bring religion into it?
RollCNY is offline  
Old 08-13-13, 08:04 AM
  #91  
MrCharlie
Junior Member
 
Join Date: Sep 2011
Posts: 177
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Liked 0 Times in 0 Posts
OK....ya got me, haha.
MrCharlie is offline  
Old 08-13-13, 02:02 PM
  #92  
Garfield Cat
Senior Member
 
Garfield Cat's Avatar
 
Join Date: Oct 2004
Location: Huntington Beach, CA
Posts: 7,085

Bikes: Cervelo Prodigy

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 478 Post(s)
Likes: 0
Liked 87 Times in 67 Posts
This reminds me of that cable TV show with the guy who comes in to clean up the place, a bar so as to revive it and show profits for the owners. He reminds me of a certain Mayor of a large city in California.
Garfield Cat is offline  
Old 08-14-13, 03:49 AM
  #93  
roadwarrior
Senior Member
Thread Starter
 
roadwarrior's Avatar
 
Join Date: Oct 2002
Location: Someplace trying to figure it out
Posts: 10,664

Bikes: Cannondale EVO, CAAD9, Giant cross bike.

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 67 Post(s)
Likes: 0
Liked 7 Times in 6 Posts
Originally Posted by MrCharlie
Jesus...I thought this was a bike forum.
And Serotta is a bike company.

Hope that helps.
roadwarrior is offline  
Old 08-14-13, 05:59 AM
  #94  
MrCharlie
Junior Member
 
Join Date: Sep 2011
Posts: 177
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Liked 0 Times in 0 Posts
Originally Posted by roadwarrior
And Serotta is a bike company.

Hope that helps.

Oh good. We're talking about Serotta again.
MrCharlie is offline  
Old 08-14-13, 07:45 AM
  #95  
kaliayev
Gouge Away
 
kaliayev's Avatar
 
Join Date: Nov 2008
Location: BFOH
Posts: 984
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 26 Post(s)
Liked 8 Times in 4 Posts
Originally Posted by roadwarrior
Ben Serotta is a respected person in the bike community, despite maybe hanging on to a business model that many of his dealers thought was not working anymore. To handle a termination of a person who is known and respected will come back to haunt the current owners.

Thanks for your thoughts, however.
Maybe a little Karma for Ben. From what I hear he did the same to his last CEO minus the phone call.
kaliayev is offline  
Old 08-14-13, 08:57 PM
  #96  
HigherGround
Descends Like Avalanche
 
HigherGround's Avatar
 
Join Date: Nov 2004
Location: Somewhere between Funkytown and Margaritaville, PA
Posts: 5,769

Bikes: Lynskey R240, Sportive, and a Helix Sport disc model in the works; Eddy Merckx MX Leader; Specialized Rock Hopper Comp (1988!)

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Liked 1 Time in 1 Post
Originally Posted by Shimagnolo
Thanks for posting that link. I was thinking of that episode as well!
__________________
The rider in my avatar is David Etxebarria, not me.
HigherGround is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
FBinNY
Fifty Plus (50+)
63
09-26-17 11:40 AM
datlas
Road Cycling
14
03-31-10 07:09 PM
BluesDawg
Fifty Plus (50+)
38
02-01-10 01:07 AM
Daspydyr
Clydesdales/Athenas (200+ lb / 91+ kg)
14
12-05-09 09:40 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.