[HN Gopher] The CEO and the Three Envelopes (2010)
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       The CEO and the Three Envelopes (2010)
        
       Author : mooreds
       Score  : 47 points
       Date   : 2023-12-21 19:08 UTC (3 hours ago)
        
 (HTM) web link (kevinkruse.com)
 (TXT) w3m dump (kevinkruse.com)
        
       | pluto_modadic wrote:
       | "move to the cloud" "move to on-prem" "move to acquisition"
        
         | superfrank wrote:
         | Optional step 2.5, "Say AI on the earnings call as many times
         | as you can"
        
           | swarnie wrote:
           | Cash out, buy a yacht, leave WSBs with the bag.
        
         | jeffrallen wrote:
         | Back-updated to cover 2000 to 2020: "outsource", "on shore",
         | "blame tarifs".
        
         | candiddevmike wrote:
         | "rewrite" "replatform" "resign"
        
       | efitz wrote:
       | Very old joke. Here's the role-independent version:
       | 
       | "Blame your predecessor"
       | 
       | "Blame the reorg"
       | 
       | "Make three envelopes"
        
         | CharlesW wrote:
         | So old that it's weird that the author would seemingly self-
         | attribute it.
        
           | Terr_ wrote:
           | To add supporting evidence, here's something from 41 years
           | ago where the butt of the joke was the leadership of Soviet
           | Russia, and the inheritance was 2 letters:
           | 
           | https://www.washingtonpost.com/archive/politics/1982/01/15/a.
           | ..
        
             | jfoutz wrote:
             | A couple years ago I went looking for soviet jokes. They're
             | amazing. I imagine google can find you some.
             | 
             | A bunch of them were great. One I recall,
             | 
             | American: The U.S. is the best! I can stand in front of the
             | Whitehouse and yell, Ronald Regan is the worst president
             | ever!
             | 
             | Soviet: Comrade, I can stand in front of the Kremlin and
             | yell the same thing!
             | 
             | There's a bunch, with varying levels of grim. If you're
             | ever bored, it's a rabbit hole that's worth poking around
             | in.
        
               | RecycledEle wrote:
               | That was then. In 2023, in the USA, try standing in front
               | of your local police department and explaining the
               | simple, statistically likely, fact that they have at
               | least one sexual predator working there. They will
               | physically abuse you until you leave. If you refuse to
               | leave, they will send you for a mental evaluation. If you
               | still resist, they will kill you.
        
               | jfoutz wrote:
               | Even more reason to look them up.
               | 
               | Soviet standing in red square handing out blank pieces of
               | paper.
               | 
               | Police come, and tell him to stop distributing protest
               | flyers.
               | 
               | Protestors: Protest? they're blank paper!
               | 
               | Police: Comrade, everyone knows what's wrong.
               | 
               | I might have messed it up a little, but, you get the
               | gist.
        
               | aslfjiasf wrote:
               | Humor imitates life:
               | 
               | Russia arrested anti-war protesters holding blank signs:
               | https://www.newsweek.com/russia-ukraine-war-invasion-
               | protest...
               | 
               | But apparently this a thing in many countries, and
               | there's even a Wikipedia article about this form of
               | protest:
               | https://en.wikipedia.org/wiki/Blank_piece_of_paper
               | 
               | Ah, to be in America:
               | 
               | >In 1970, Anna Halprin organised a "Blank Placard Dance"
               | by members of her San Francisco Dancers' Workshop. They
               | paraded, dressed in white, while holding blank placards.
               | She explained, "...there were so many protests going on
               | and this way each person watching us could just imagine
               | whatever protest slogan they wanted on the placards."
               | 
               | It's nice to be able to protest with blank signs because
               | you want to make a joke, and not because of fear of
               | arrest.
        
               | snowwrestler wrote:
               | They should arrest you for misuse of statistics.
               | 
               | Since this is a joke thread, I'll share one related to
               | this concept:
               | 
               | The police catch a man trying to sneak a bomb onto a
               | plane, and question him.
               | 
               | Man: I was doing it to increase the flight's safety!
               | 
               | Police: How can a bomb make a flight _safer_?
               | 
               | Man: Obviously I'm not going to set mine off, and what
               | are the chances that there are _two_ bombs on the same
               | flight??
        
               | praptak wrote:
               | They told this joke about A. Mikoyan who survived all
               | Stalin's purges which made him the oldest living member
               | of the Politburo at that time:
               | 
               | - Comrade Mikoyan, you forgot your umbrella!
               | 
               | - Don't worry, I'll walk between the raindrops.
        
               | bluedino wrote:
               | Funny, I remember this specific joke from my childhood.
               | 
               | My dad would bring home photocopied jokes or cartoons
               | from work. It's funny to imagine someone making 50 copies
               | of one of these, then passing them out around their
               | workplaces laughing with their co-workers.
               | 
               | 15 years later you saw the same stuff in email, fwd: FWD:
               | FWD: Re: Why American is great
        
               | er4hn wrote:
               | My personal favorite:
               | 
               | A man yells in the street: "Nicholas is a moron!". He is
               | taken away by the police on charges of lese majeste
               | (insulting the monarch). He tells the policemen "Please
               | let me go, I meant another Nicholas!". The police chief
               | replies: "Do not lie. If you said 'moron', you certainly
               | meant the Tsar!"
        
               | pjot wrote:
               | Comrade 1: What are one potato say other potato?
               | 
               | Comrade 2: Premise ridiculous! Who have two potato?
        
               | jll29 wrote:
               | This got me laughing - and I reckon it's because of the
               | extremely high laughter-to-length ratio.
               | 
               | Has anyone formally evaluated joke effectiveness (apart
               | from Monty Python's "deadly joke")?
        
               | fatbird wrote:
               | I can't believe this is still up, but it's amazing:
               | Russian lolcats.
               | 
               | https://rolcats.wordpress.com/
        
           | xmprt wrote:
           | I guess it's hard to be a "NY Times bestselling author and
           | keynote speaker" when you have to come up with all original
           | ideas.
        
             | gowld wrote:
             | Anyone who publishes a book with a marketing budget is a
             | NYT bestseller. It means nothing.
        
               | importantbrian wrote:
               | Being able to get your book published and having the
               | publisher spend enough on marketing to get you on the NYT
               | Bestseller list means something.
        
               | hiatus wrote:
               | What does it mean? Rich parents?
        
               | aslfjiasf wrote:
               | It means a publisher ranked possibility of a positive
               | return on investment for that book to be higher than the
               | books they decided not to publish.
        
         | wiml wrote:
         | I think the other version I'm familiar with is a Navy captain
         | or new minted admiral - especially in the age of sail - someone
         | who has to operate on their own for a long stretch. Looking
         | around I see a bunch of variations:
         | 
         | - the CEO or other corporate leader - a government leader
         | (sometimes specifically Soviet or British) - a pastor or abbot
         | - military officers of various ranks - a distinctly non-
         | leadership corporate role that can catch a lot of flak
         | (sysadmin)
         | 
         | I wonder how old it is? How far back would envelopes have made
         | sense? Do you suppose Ea-Nasr left three bullae to his
         | successor?
        
         | mathgeek wrote:
         | I heard a similar version years ago as "blame someone, blame
         | something, take the blame".
        
         | lencastre wrote:
         | I first heard that in a movie. Something about politics, blame
         | on me, blame on society, write 3 envelopes...
        
           | FeteCommuniste wrote:
           | There's a version in the movie Traffic (2000) that uses "two
           | letters": https://www.youtube.com/watch?v=3gmpyjSW6WQ
        
         | heresie-dabord wrote:
         | /1/ Say something humane, play for employees' and shareholders'
         | trust.
         | 
         | /2/ Lay off thousands of workers. Squeeze out a blandly
         | sorrowful text and a few cold tears.
         | 
         | /3/ Take the money and run, don't trouble yourself about
         | leaving any envelopes. But if you have a pang of regret and
         | must leave something, leave your little plastic bottle of cold
         | artifical tears.
        
       | eitland wrote:
       | When I first heard or read this I think it used to be years, not
       | months between each time he opened an envelope.
        
         | wharvle wrote:
         | We've become far more efficient.
        
           | Terr_ wrote:
           | To adapt a sci-fi scene:
           | 
           | > The CEO: You are here because your investment is about to
           | be destroyed. Its every active employee terminated, its
           | entire balance-sheet eradicated.
           | 
           | > Neo : Bullshit.
           | 
           | > The CEO: Denial is the most predictable of all stakeholder
           | responses. But, rest assured, this will be the sixth time we
           | have destroyed it, and we have become exceedingly efficient
           | at it.
        
       | fluxem wrote:
       | Add two more envelopes:
       | 
       | "Blame covid "
       | 
       | "Blame market conditions"
        
         | datadrivenangel wrote:
         | "Blame post-covid changes" "Blame pre-covid changes"
        
       | sporadicallyjoe wrote:
       | Add to the final envelope: "Take your golden parachute and do it
       | all over again"
        
       | hasoleju wrote:
       | The CEO in the story had no clue what he was doing. But he was
       | facing the same problem everyone has when the outcome of your
       | actions takes time to manifest. Much too often society expects
       | that results change immediately after a change in leadership. But
       | the small changes a leader can make take time to ripple trough
       | the organization and manifest in results. Often people are not
       | patient enough to wait for this.
       | 
       | A real life example for that is Paul O'Neill CEO of Alcoa from
       | 1987-1999. His main change was putting worker safety in Alcoas
       | plants to first priority. The business outcome of this action
       | manifested years later.
       | 
       | During the first 6 years of his CEO career the stock only
       | doubled. In the 6 years after that the stock prize rose to almost
       | 10x of the prize where he became CEO.
       | 
       | Disclaimer: I'm not sure if this big effect also was related to
       | the Dotcom double.
        
         | ilc wrote:
         | It is an old joke, it has been told about Presidents, and
         | various other figures.
         | 
         | Thinking long term is not something that is rewarded next
         | quarter, in general.
         | 
         | This is a large part of why I've worked over half my career for
         | non-public companies. I want my management making the best
         | choices for the product and the company. Not what Wall St. will
         | like.
         | 
         | If the invisible hand worked... yes they would be the same.
         | Reality says they aren't.
        
         | takinola wrote:
         | So what's the practical solution to this issue? If you focus on
         | the long-term but have no short-term impact, you will not be
         | there to see things play out (As Milton Keynes famously said
         | "In the long term, we're all dead").
         | 
         | My guess is you need to figure out some small wins along the
         | way that make people feel good and stop them from panicking and
         | tossing you (and all your long-term plans) overboard.
        
       | dang wrote:
       | Related:
       | 
       | https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...
       | 
       |  _Ballmer just opened the Second Envelope_ -
       | https://news.ycombinator.com/item?id=1391554 - May 2010 (65
       | comments)
        
       | thih9 wrote:
       | > I first heard this joke in the late 1980s, but the protagonist
       | was the Soviet Premier.
       | 
       | https://wiki.c2.com/?ThreeEnvelopes
        
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