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I think there's a problem with MBAs in general who want to decrease costs, expecting the market to cater to their desires. The problem is a limited supply of l
by assblaster 7y ago
I think there's a problem with MBAs in general who want to decrease costs, expecting the market to cater to their desires.
The problem is a limited supply of labor for them, and they just haven't figured out that their business plans will not come to fruition until they change their assumptions.
I see this in healthcare all the time:
Healthcare MBA doesn't want to pay market rate for nurses. Experienced nurses quit and take jobs elsewhere with sign on bonuses. Hospital hires inexperienced nurses to fill gap. Inexperience causes burdens on surgeons and physicians and other nurses. More experienced nurses quit, surgeons and physicians quit, ad nauseum.
Saving some money short term leads to the inevitable destruction of the institution. Who gets paid bonuses for this clever trick? Healthcare MBAs who move onto the next victim.