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> [the shareholders] would not consider this situation as acceptable, and would be ready to install new management and approve radical changes to try and contin
by tivert 8y ago
> [the shareholders] would not consider this situation as acceptable, and would be ready to install new management and approve radical changes to try and continue growth (of both revenues and share value) by any means possible.
IMHO, that's not "creative destruction," it's more "we had to destroy the village in order to save it." "By any means possible" will inevitably turn into short-term, customer-hostile actions that will erode the value provided by the company to society.
Narrow focus on financial metrics by shareholders sometimes seems to be more of a destroyer of real value than a creator of it.