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The CEO will pay attention to problems that cost them money. True, but only when the cost is greater than the profit from doing whatever it is you don't want t
by onion2k 3y ago
The CEO will pay attention to problems that cost them money.
True, but only when the cost is greater than the profit from doing whatever it is you don't want the business to do. From example, if paying a bill late comes with a 20% premium, but not paying it increases profit by 21%, then it's better to pay late.
In the system of modern business it's really hard to see why things happen, so simple rules very rarely work. People are hugely creative when it comes to dreaming up ways around them.
- LorenPechtel 3y agoIf the bad behavior is anything more than a rare thing then the fine is too low.