there's no simple way to check if the 'output' of management is working correctly or not. What an odd thing to say - ask any accountant or banker and they’ll s

there's no simple way to check if the 'output' of management is working correctly or not. What an odd thing to say - ask any accountant or banker and they’ll say they’ve had methods for this for literally hundreds of years. Ever since “share price” was a thing, and even before that. The problem is doing something with the information. Look at IBM for example (one of many). You can see simultaneously that managers are doing a terrible job - zero revenue growth for years - but also see that they are lavishly rewarding themselves for it.