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And the fact that nearly every company that has ever been lauded by the MBA industrial complex has collapsed (or was seriously damaged, or caused serious damage
by dralley 5y ago
And the fact that nearly every company that has ever been lauded by the MBA industrial complex has collapsed (or was seriously damaged, or caused serious damage to society) as a direct result of the very same management practices and fads that the MBA industrial complex spent years or decades trying to cram down the throats of the rest of the country.
* Enron
* General Electric and the lord and savior of MBAs, Jack Welch
* Valeant Pharmaceuticals
* Sears
* IBM
* McDonnell-Douglas (and later Boeing)
* Intel
* Stock buybacks in the airline and retail industries
- mschuster91 5y agoOr how many companies got broken up into small, stock-sized chunks to be profitably sold... and then once covid and the delivery chain issues hit, they were too small to survive on their own without government assistance.