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It sounds nice to keep failing executives around indefinitely while you try to train or mentor them, but in practice the company can't keep losing $100 million
by achates 3y ago
It sounds nice to keep failing executives around indefinitely while you try to train or mentor them, but in practice the company can't keep losing $100 million a movie and remain in business. Being nice to bad directors means laying off a lot of other people in the long run.
- 23B1 3y agoI totally think that’s fair… And again we don’t know what happened in this particular situation. I just think that there is this foolish and ultimately costly view of employees that they are interchangeable parts, when in fact there are more effective ways to improve financial performance.