4 ms·
Sorry I don’t get the reference
by makingstuffs 3y ago
Sorry I don’t get the reference
- Obscurity4340 3y agoI was obliquely suggesting that the board was flawed and there's not really a level of accountabillity above that, its more like, if they make fatal calls the health of their company they "control" is sort of the accountabillity and they definitely played dice with that, or at least it seems that way. Politburo is the almost untouchable governing "board" at the highest level in China. Maybe wasn't my best reference :(
- Obscurity4340 3y ago[]
- Obscurity4340 3y agoThey are to a degree insulated from the consequences of their actions or thinking in general whereas the actual stakeholders (employees who need jobs, the people who deserve+need stabillity, and the State who needs order). Notice how I left out shareholders/executives/"Chairmen" etc. Anybody who has a guranteed soft landing or golden parachute will never be in my calculus unless the are critical to metric at hand directly speaking. They are obviously important but they are always taken care of contractually anyway and if they are as robust as they should be and have no excuse not to be (unless thry're literally ALL-IN on the venture), they will be just fine.