- September 15, 2026
119. Job loyalty is a lie | A dog tied to a tree isn’t loyal to the tree
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In 1950, Bob worked at IBM for 38 years. They gave him a gold watch and a chocolate cake with little red dots on top. We’ve been calling that loyalty for 75 years.
It wasn’t.
Bob didn’t stay because he was loyal. He stayed because he couldn’t leave. His healthcare, pension, and social circle were all tied to the company. Quitting wasn’t an option, so he stayed.
That’s not loyalty. That’s a dog tied to a tree.
Real job loyalty requires the freedom to leave. Which means, for the first time in industrial history, real loyalty is finally possible. And nobody knows how to do it.
🎧 Press play. Untie the dog.
In this episode:
▶ Bob at IBM in 1950 and the gold watch we mistook for loyalty
▶ How Jack Welch and “rank and yank” broke the loyalty contract
▶ Why a dog tied to a tree isn’t loyal to the tree
▶ The trap: 1950s loyalty demands meeting 2020s employment realities
▶ Why real job loyalty is finally possible (and what it looks like)
If you keep showing up while feeling resentful, this one’s for you.
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Show Notes
[00:00] Introduction
[01:17] Bob’s definition of loyalty
[03:01] Loyalty had nothing to do with it
[04:20] A dog tied to a tree isn’t loyal to the tree
[05:56] The two sides of loyalty
[06:33] The most loyal employee I know
[08:54] When loyalty hurts more than it helps
[09:44] The same word, two meanings
[10:20] A different definition of loyalty
#Leadership #LeadershipCoaching #ExecutiveCoaching #JeffMatlow #TheBestLeadershipPodcastEver #JobLoyalty #EmployeeLoyalty #WorkplaceLoyalty #JackWelch #LoyaltyAtWork