Life at Up Up and Away Investment Management International: Afterwards by Abnaki Proudfoot and Cornelius Korrupt

Afterwards (Abnaki Proudfoot)

I am a Dean of a small school of management located in Nunavut which is in the upper northern region of Canada. Most of our students are indigenous. Given that indigenous people comprise less than 1% of the composition of Canadian boards of directors and are equally unimportant in Senior Management Teams of Canadian largecorps we receive no funding from corporate Canada and only a tiny amount of governmental funding. I think this passes on a message that indigenous people are simply not wanted by Canadian Largecorps. The LBGT community are also just as “well represented”. Women weigh in at about 23 % of Board representation. Let’s be frank and say largecorps in Canada are racist, sexist and homophobic and their global inclusion and diversity efforts are window dressing to make them appear more humane.

I note that Mr. Hornet makes a very strong point on this but such strong language is rarely used against largecorp except for people that like to call it what it is. You see that largecorps aren’t afraid to use public relations firms to put a spin on their unhealthy practices and attitudes. I agree with Mr. Hornet that largecorps are greedy, opportunistic legal entities with their Senior Management Teams looting the profits of largecorp. I find it discouraging that the media has hopped aboard the anti-increase in minimum wages train yet remaining silent on the outrageous compensation raked in by largecorp’s SMT.

I also note Mr. Hornet’s flippant comments on the “in the pockets of largecorp” schools of business. It would seem any chump with a pocketful of change can have a management school named after him or her. Largecorp can then continue spewing forth so called “neutral management teachings”. Are we to honour those great men (and they always do seem to be men) who have lined their pockets off the backs of their employees and shareholders?

Again, key to Mr. Hornet’s attack is the downsizing and outsourcing by largecorp. This brutal practice is treated by largecorp as a cost saving and necessary measure, but it could be Mr. Hornet has hit the nail on the head that poor SMT management may be the key contributor to conditions deteriorating so badly that downsizing and outsourcing is a necessary condition for the survival of largecorp.

The most thought-provoking part of the book is whether largecorp can survive laced with a generous amount of sarcasm. While Hornet attacks largecorp with fury there is a good deal of humour and sarcasm which makes “Life at Up Up and Away Investment Management International” a good read. And it is not laced with footnotes and makes no pretence of being academic which makes it so refreshing and authentic.

There is the pain of Mr. Hornet with his suffering caused by workplace stress, anxiety and depression. He brings into play the personal effects of largecorp’s commodification of its workplace. It amazes me out of the ashes he found the courage and conviction to expose the nasty underbelly of largecorp.

I can only hope Mr. Hornet would focus on what he perceives as what could change largecorp. He has given hints along the way yet I sense the therapeutic thrust of this novel and what a better future could replace largecorp perhaps is best dealt with in another book. Either a social revolution or some type of wealth redistribution is required which will require legislation. The SMT manages so poorly it would fail to see its impending destruction caused by its own greed. It may kill both itself and largecorp in the midst of stuffing its loot bag. Halloween capitalism.

I would like to say I have suggested to Mr. Hornet his next book be entitled, “The Senior Management Team; The Pirates of Capitalism”. Monopolistic practices and greed of the SMT, or the 1% if you prefer, are the biggest and most powerful elements threatening capitalism and for that matter liberal democracy. I sense we are headed for a social revolution and I certainly hope it will not be fascism.

As a last note Mr. Hornet’s wish to attain fame by writing this novel so that he could make a fortune on speaking tours has been commenced. A First Nation diamond mining cooperative has given us a grant to bring up Mr. Hornet for a half term to teach students about largecorp. We might be a small school of Management but in truth we believe. Non Nobus Solum which in Latin means not for ourselves alone.

I am not worried about Tony. I have spoken with him in detail about his crucifixion by the pimps and hookers in the traditional schools of management. He is looking forward to this as giving him an opportunity to expound his views of largecorp. The more he is attacked the more he becomes part of and perhaps a change agent for a revolution.

So, a closing argument why is it that our school of management is the only one that has a course entitled” Marxism and Modern Management Principles”? I suppose when it is clear your student body has been rejected by largecorp Canada you might want to retool to query why?

(Abnaki Proudfoot, Dean of Frobisher School of Management, Nunavut, Canada July1, 2020)

Afterwards (Cornelius Korrupt)

As Dean of the Sheldon Steen Toronto University School of Business I am shocked at Mr. Hornet’s virulent attack on what he has labelled “largecorp”.

He has taken his personal and unfortunate circumstances as a basis to attack largecorp. And it is too personal to be reflective of reality at largecorp. He presents a picture of misery at largecorp and portrays its Senior Management Team as greedy and evil.

I can attest that many of our graduates are on SMTs of largecorp and often discuss with me how so many of their employees are flourishing in largecorp. Employee surveys make this an irrefutable fact. Hornet cynically demeans Wellness Programmes and mindfulness as desperate attempts by largecorp to oppress its employees. Is he so blinded that he fails to see the compassion and care largecorps have for their employees?

There is no obligation on largecorp to provide any benefits to its employees but despite this absence of compulsion largecorps offer extensive benefits to their employee base. Even Mr. Hornet recognizes this fact.

I will agree that the SMT is compensated well but look at the responsibility they have and the unique talents they have. We pride our MBA graduates on their expertise. Just look at the recent record profits made by many largecorps recently. To suggest this is a result of downsizing and outsourcing as Mr. Hornet does is absurd. Where are his footnotes and research?

This is a vindictive and terribly skewed effort by Mr. Hornet and very unacademic. Yes, we receive large donations here at this faculty from largecorps including a $6 million donation by Up Up and Away Investment Management International but we are academics and what we write is academic and not influenced in any way by our largecorp funding sources.

To suggest that the largecorp office worker is akin to coal mining children in Industrial Revolution England is preposterous. Let me conclude by saying working for largecorp is like Christmas every day for its employees.

(Cornelius Korrupt, Dean of Sheldon Steen Toronto University School of Business, Toronto, Ontario, July 4, 2020)

Life at Up Up and Away Investment International: Chapter 41 Largecorp and COVID-19

Chapter 41

Largecorp and COVID-19

Largecorps keep chugging on despite the pandemic. Many of them are gleeful with the wiping out of less capitalized competitors. McDonalds will weather the storm with its deep pockets. It is the smallcorps in many cases that will have to fold. But it rather depends on the sector largecorp is in. Airlines and hotels and the hospitality sector will be hammered. So certain largecorps may fall without taxpayer (government) support. It is hit and miss but generally speaking the more capitalized largecorp is the better it will ride the waves. Smallcorps don’t have the luxury of capital. Take restaurants for example many of them will fall but McDonalds, Popeyes or Tim Hortons will motor on.

One change will be the trend to Work From Home (WFH) which as a expense reduction method actually started years before COVID. Real estate is a big cost factor for largecorps so the more the employee can be moved to a home workplace down goes the real estate cost and that is in largecorp’s playbook. Employees can and always have been monitored at work and at home so this is no big adjustment for largecorp in employee spying….oops monitoring..

The downside in the long term is the fragmentation of the work unit. Virtual relationships may be technically efficient but they are leading to isolation of the WFH crowd, the lack of coherence within business units and the difficulty of establishing personal relationships which will ultimately affect the bottom line. Of course, it sets a nice path for artificial intelligence as when employees are out of sight they can be out of mind and more easily supplanted by AI.

Employees are more isolated and can be bullied unseen by their colleagues by the Senior Management Team and the Human Resources Department. The SMY will remain well cemented without the critical eyes of employees. What do they say, “When the cat’s away the mice will play”?

Will the office tower ever be resurrected? My thought is that the office tower will survive although diminished in size. If a visit to the office tower is required the concept of shared offices and common meeting rooms will gain in popularity. Again this is already the practice for many largecorps.

Largecorp will survive with all its quirks and ills but unfortunately for many employees of particular largecorps COVID may spell their job loss demise. However, let us not get so totally wrapped up in the dire circumstances of COVID and resort to a well known expression “all things will come to pass.

Expect a push by largecorps to promote a vaccination passport so establish proof an employee has had a COVID vaccination. This will reduce the liability for largecorps against employee claims the employer failed to adhere to its COVID protocols.

As a last word again I encourage largecorp employees to maximize their employer offered life insurance.

Good-bye. This has been a great adventure with you. Safe travels.

COVID Poetry Corner: “Las Vegas meets the state lottery and the accountants”

Las Vegas meets the state lottery and the accountants

COVID-19 is a very nasty game
Assuming you recover for months you may be lame
But whatever country you are from an obsession with numbers seems to be the same
Every day it is the same category of numbers that remain
positivity rate
serves you right for not social distancing and kissing your date
so up goes the case count
not wearing the mask causes it to mount
deaths
spewing from droplets in your breaths
amount of people taking the jab
avoids bodies going on the slab
this obsession with numbers never ceases
and the number of people facing eviction because the can’t pay what’s owing on their leases
public health officials leading the political team
spew out numbers like an accountants dream
seemingly forgetting these numbers are actual people many with suffering untold all hail these numbers appear frequently on a graph
spelling out a sickening math
a very unpleasant mass epitaph
might as well be spinning the roulette wheel in Las Vegas or Reno
or playing the state lottery Keno
you and I are playing the odds
fodder for the media clods
hoping you and I aren’t statistics on the chart
for the nightly news
because the next step is family and friends saying good-bye in the pews

Robert K. Stephen

l

might as well be


Poetry Corner: “the great roman farce and associates limited”

the great roman farce and associates limited

Deceived innocents
kiss his robes
grovel about this king of conservative uncertainty
fools in believing something can be gained
by bowing to the Holy Doctrine of the oppressed
meekness, humility and servility
inventions praised by the powerful with a laugh
and the Chairman of the Vatican Bank
urges the masses backward
like trainers whipping animals in the circus ring
to run endlessly
rewarded by brief respites in drool
laughed at the owners who consider spectators profitable fools
with losers being roused by hits of temporal doctrine
soothing words
inspiring music
that promise shining hope
when earthly existence ends
where it is useless

Robert K. Stephen

Poetry Corner: “Piggies”

Piggies

Look at all the little piggies
guzzling out of the trough
left piggies
centre piggies
right piggies
but all the same
meme chose
echoes of belches
similar but of varying intensity
what the hell
they all wallow in the same slop
a feces paradise
at election time many enter the slaughterhouse
the remainder devise menus for the apathetic
innocent

Robert K. Stephen

Poetry Corner: “Calling Reality Too much television syndrome”

Calling reality Too much television syndrome

Where is she
the one who will capture my soul
now
struggling
thrashing
trembling
battling the treacherous currents
of turbid conformity

will the magic of this single woman
give freedom and understanding
from the senseless blindfolded hordes
overly anxious to meet me with crucifixion
the nails of hate, jealously and competition
will she be the healer
whet the bitterness
out of her womb
for my rebirth
simply purified by her existence
OR shattered by her conspirator role
will I plummet into despair
where no hand
will ever reach
mine

Robert K. Stephen

Poetry Corner: “Child of Thalidomide”

She was a forcefully deformed little girl
thanks to Health Canada approval of the drug
the father could not bear the torture anymore so
he walked out the door
leaving the sobbing mother on the floor

She grew strong and tall with a beautiful face
and a razor sharp intellect
except for that slight misfortune
All she wanted was to be loved by a man
love was sought to be found
the fantasies of an ideal man
caused social workers to exclaim “damn”
but how could they understand when most her age had found a mate
leaving her an agonized fate
the year increased
her face creased
and she doggedly searched
there was no one
goggling eyes fear and guilt in the crowds and bars
no love there

a police operation recovered her broken body
from under the bridge

All she wanted as some love
forget the sympathy
and the endless good humoured and well intentioned pity

“poor thing” said the police officer in charge
“Why did she have to do a thing like this?”

Robert K. Stephen


Poetry Corner:”calling all talented and aggressive people there’s a place for you in our organization”

Calling all talented and aggressive people there’s a place for you in our organization

the effusive smile
that greets with impressive handshakes
crushes more than the hand
polished shoes of gleaming cold death
capped fangs of the coiffed predators
button down shirts and minds
amidst the chattering of back stabbing baboons
clustered on the tree
climbing ever higher
ignoring the screams of the fallen
too terrorized of their own shameful tumble
Remember
as they say we only get one chance in life
so
kill with a smile
or you’ll end up on the cold bathroom tile
subject of hushed headlines
created by humility stricken obituary writers
with a country week end on their mind
even before the flowers have wilted

Robert K. Stephen

Poetry Corner: “Paganistic Birthday Party”

Paganistic Birthday Party

Assembled about the synthetic evergreen altar
are the little dazed children
stunned as if pondering the words of the three wise men
they murmur their pagan chants
materialistic hymns of candy, games and toys

greedy gleaming eyes of the little fry thought to be cute
wishing they could have more than they see

the evening feast
a ritualistic ceremony of orgiastic delight
bloated bellies and upset stomach
oh Christ
They’ve forgotten you and it’s not funny
it seems you are being used for the money

Hedonistic decay
displayed in such an overly degenerate way
a satanistic surrealistic day
electric shavers and racing car sets
chocolate mangers, plastic Christs and neon bulbs
festive colours
euphroristic delight

Santa Claus, the false pretender
laughs quietly
his work well done

Robert K. Stephen