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Yeah. I've often said that in any business decisions there are the following stakeholders: Upper Management, The employees, the board members, the shareholders
by jsmith45 8y ago
Yeah. I've often said that in any business decisions there are the following stakeholders:
Upper Management, The employees, the board members, the shareholders, the customers.
Business decisions are almost always made looking at the perspective of perhaps 2 or three of these stakeholders. The employees are basically never considered in the US, often only the biggest one or two customer's desires are considered if any consideration is given at all, etc.
And way too much attention is payed to certain Wall Street types who get all upset when earnings exceed the company's own projections, but fall short of wildly optimistic estimates by third parties.