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I find this modern fixation on growth MBA's have forced upon the business world to be facinating Use to Stability, and Profitability not growth was important.
by syshum 10y ago
I find this modern fixation on growth MBA's have forced upon the business world to be facinating
Use to Stability, and Profitability not growth was important.
Stability, and Profitability were the goal, growth followed but was not in itself a goal
Now even if you are profitable, if you are not seeing growth then you failed. It is ridiculous.
- fauigerzigerk 10y agoI don't disagree in general, but Oracle is a tech company and technology has a particular function in our society that wasn't invented by MBAs. The role of technology is to drive productivity growth, which is ultimately the only thing that improves living standards (or at least has the potential to do so). A pizza sold in 1987 is just as useful as a pizza sold in 2017 measured by its nutritional value. But the same is not true of technologies from 1987.
- Spooky23 10y agoI'd argue for the Oracle growth drivers, things are much better than 1987, but only marginally better than 1999. These mega vendors drive co-dependency, not innovation.