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It's interesting that every large American industrial corporation eventually succumbs to MBA fever. In the 20th century, we saw the rise and fall of General El
by KerrAvon 3y ago
It's interesting that every large American industrial corporation eventually succumbs to MBA fever.
In the 20th century, we saw the rise and fall of General Electric, Westinghouse, GM, RCA. Huge American corporations with products almost everyone interacted with almost every day. In the 1960's these were the corporations to beat. In the late 1960's, bean counter infiltration began. Of these companies, only GM isn't a hollow brand licensing shell, and it had to survive a government-maneuvered corporate bankruptcy to make it to 2009.