4 ms·
A big problem today is that managers and executives are optimised for short-term gains at the expense of everything else (including long term outlook, ethics an
by jondubois 10y ago
A big problem today is that managers and executives are optimised for short-term gains at the expense of everything else (including long term outlook, ethics and even sanity).
People move up the ranks by making random, crazy one-off bets that turn out great in the short term. Nobody notices people who consistently make good long term bets.
This is compounded by the fact that people who have power these days tend to overlook failure and only consider good outcomes.