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You are missing that shareholder value drives very little corporate decision-making below the C-suite. A director benefits the more people report to them. They
by dcre 4y ago
You are missing that shareholder value drives very little corporate decision-making below the C-suite. A director benefits the more people report to them. They don’t necessarily care whether any of them are doing anything as long as they can slingshot to their next job before it all implodes. But nothing ever implodes, it just reorgs.
- ajmurmann 4y agoHaving been in a director position myself, financials always mattered. Sure having more folks to execute on plans is great, but ultimately there'd be pressure to grow revenue and revenue/employee.