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this is the problem with any leadership position in general, congress, president.... etc I think the best way to address this is to provide standardize kpi mon
by aapppwe 5y ago
this is the problem with any leadership position in general, congress, president.... etc
I think the best way to address this is to provide standardize kpi monitoring.
- mason55 5y agoWhen a measure becomes a target, it ceases to be a good measure Especially for a CEO, who has quite a bit of power to optimize for any measure, it's going to be very hard to craft a measure that gives the results you want and can't be gamed. The most likely outcome is something that's just a worse version of the stock price, because the stock price is just a forward-looking approximation of net income, which is what you'd mostly want to optimize for anyway (ignoring things like B corps).