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The given “best” solution - change accounting/metrics - is also one that is most difficult to meaningfully change. Everybody has a disagreement with metrics un
by rm_-rf_slash 9y ago
The given “best” solution - change accounting/metrics - is also one that is most difficult to meaningfully change.
Everybody has a disagreement with metrics until it suits them. Metrics justify mid-level management to upper management, which then justify themselves to top management, then the board of directors, then the shareholders. “Look at the numbers!”
It’s similar to a grumbling slogan of fund managers in the 1980s about the then-consistently poor stock performance of IBM: “Nobody gets fired for buying Big Blue.”
- mark-r 9y agoI've always heard that phrase used in reference to IBM products, never IBM stock.