Silicon Valley Bank, bankruptcy seen from Human Resources

Silicon Valley Bank was one of the companies to spearhead the ideas of Inclusion and Diversity, back at the beginning of the last decade, proposing that positions be filled by oppressed or racialized minorities, within this theory, what counts is not the merit of a worker, but rather their ethnic group, gender or lack of social justice towards that person.

And contrary to the recommendations of the experts, their recruitment and promotion policies were based on those political ideas, so if they had to choose between a candidate with the appropriate preparation or another, who did not have it, but who had the correct skin color or the appropriate genitals, the latter was chosen; many delicate positions were occupied by people who did not meet the minimum requirements.

But the problem did not stop there, if you hire people who consider themselves social vigilantes, you will have a serious problem, the environment became very toxic, colleagues did not talk to their colleagues, for fear of false accusations, divisions were created and alternative channels of power, some executives were fired, using the silver bullet of "harassment", being replaced by women, whose job was to promote feminism, not work, so the Risk Management groups, which should be dedicated to mathematical risk assessments, they did not have a single mathematician, and they were only dedicated to holding conferences on gender ideology, and propagating their sectarian faith in the company.

Thus, vital positions, which were needed for daily administration, did not perform their functions, in one of the few external evaluations that were allowed to be done, there were positions, whose function was one, but in reality, nothing was done there, it was considered that propagating gender ideology was part of the job, and instead of evaluation meetings on some topic, feminist meetings were held, for example, instead of doing a probabilistic risk assessment, using Markov Chains, they began to do inclusion and diversity proposals (according to a reliable source, at the 8M 2022 meeting, the financial risk of the end of the pandemic was not discussed, but rather the inclusion of non-binary people in the company), there were female managers, who at one Financial Prospecting evaluation meeting, they presented themselves with gender ideology speeches, and they were still paid.

When a financial institution stops carrying out risk assessments and its finances are managed with Gender Ideology, it is inevitable that what happens to the Silicon Valley Bank, it did not even know what hit it, something that in any Bank would have been Risk Management routine, this one was stopped, because "it was not important."

Hiring fanatical people, who try to put their Ideology into everything, whether gender or victimizing, is the equivalent of hiring a Communist, it is going to cause problems, because they are not going to dedicate themselves to work, but to spread their political faith, this must If it is a warning for many other companies, this is the first, in which there is concrete evidence that:

Go Woke, Go Broke

From ARH Consulting, we already saw it coming, because a political group within a company rots it from the inside, paralyzes it and prevents it from fulfilling even its most basic functions, creating a toxic environment, where unity and trust are They break up, fire people or stop hiring capable people, and in their place "activists" who know nothing about the job are hired, alternative routes of power are created, where a given order is not carried out, but is discussed, It modifies based on the political agenda of these groups and generally, it is not followed, but transformed, to such a point that it is absolutely useless.