2 ms·
Ineptitude is high on the list. But I would put misaligned incentives pretty high on the list of reasons too. So many executives make decisions that make sense
by jjeaff 4y ago
Ineptitude is high on the list. But I would put misaligned incentives pretty high on the list of reasons too. So many executives make decisions that make sense for their bottom line but that may not be good for the company and shareholders long-term. Same goes for the directors. Who cares if you create a long lasting, stable company when you could just win the lottery now, cash out and move on to another conquest.
- deleted 4y ago[deleted]
- thrashh 4y agoI still think it’s mostly ineptitude. Hiring a bunch of people only to fire them isn’t gaining you anything. People are still on a bell curve and most executives are somewhere in the “very average” area, like me and most people. And 50% of people are worse than average.