Name: Anonymous 2008-10-19 2:36
Obscenities, Chaos, H1-Bs—And High Reported Earnings: My Year With AIG
By John Miano
In my previous life before law school I worked as a computer programmer. For most of that time I worked for various computer consulting organizations, going from company to company as one project finished and I moved on to another.
The kind of experience exposed me to many management styles. I saw companies that were run well; other companies that were run not so well; and companies that were in pretty bad shape.
In the late 1990s the world of computer consulting took me to AIG.
Only superlatives can describe what I saw while working at AIG’s computer operation. It was the most mismanaged company of any type that I have ever seen. Nearly every company has some bad practices. AIG managed to adopt nearly every bad practice imaginable at the same time.
At the high level, the management at AIG was prone to making rash decisions without thinking through the consequences. They also had a tendency to throw money at problems rather than coming up with efficient solutions.
A well-publicized example of rash action at AIG occurred in 1994. That year, AIG fired about 250 computer programmers and replaced them with lower-paid Indian programmers imported on H-1B guest worker visas. (One of the things I worked on at AIG involved cleaning up the inevitable resulting mess).
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http://www.vdare.com/miano/081014_aig.htm
By John Miano
In my previous life before law school I worked as a computer programmer. For most of that time I worked for various computer consulting organizations, going from company to company as one project finished and I moved on to another.
The kind of experience exposed me to many management styles. I saw companies that were run well; other companies that were run not so well; and companies that were in pretty bad shape.
In the late 1990s the world of computer consulting took me to AIG.
Only superlatives can describe what I saw while working at AIG’s computer operation. It was the most mismanaged company of any type that I have ever seen. Nearly every company has some bad practices. AIG managed to adopt nearly every bad practice imaginable at the same time.
At the high level, the management at AIG was prone to making rash decisions without thinking through the consequences. They also had a tendency to throw money at problems rather than coming up with efficient solutions.
A well-publicized example of rash action at AIG occurred in 1994. That year, AIG fired about 250 computer programmers and replaced them with lower-paid Indian programmers imported on H-1B guest worker visas. (One of the things I worked on at AIG involved cleaning up the inevitable resulting mess).
[...]
http://www.vdare.com/miano/081014_aig.htm