4 ms·

Management makes decisions without data all the time. I understand people are personally invested, but sometimes it feels like people can't think about it, and

Management makes decisions without data all the time. I understand people are personally invested, but sometimes it feels like people can't think about it, and it's all just motivated / wishful thinking. It's a bet in a way, if they're wrong, they will be "punished" by market forces.

consp 3y ago
> they == Everybody who does not want to go to the office, the shareholders and others involved but NOT the one making the decision based on nothing.
ClumsyPilot 3y ago
> if they're wrong, they will be "punished" by market forces we live in age of monopoly, market forces no longer punish. in 1990's there were twice as many companies registered on the stock exchange as today
- secstate 3y ago
  Disappointed this was downvoted initially, you got my +1. Corporate reality in 2023 is creeping ever closer to a Weyland-Yutani plutocratic government where "market forces" are unable to put a dent in shitty corporate behavior. I have to fly Delta home. They cancelled my connecting flight, moved it to a day later and say "sorry, you can sleep at JFK!" The next time I fly, I've got 1/3 odds Delta will be the only one flying where I need to go. Rinse and repeat for online merchants. This will have ZERO effect on Amazon's ability to function because employees have ZERO clout in management meetings.
  - colpabar 3y ago
    What are you, a communist? The free market will fix that, any day now!
    - antisthenes 3y ago
      Unironically, millions of people still hold that viewpoint pretty strongly. Many Libertarians make a point of stating it in discussion as some kind of flex even. I have no idea why, as it is basically a declaration of one's own economic ignorance, but there you have it.
- josefritz 3y ago
  People forget how much it's changed but I think that's spot on.
TheCleric 3y ago
No I think we’ve seen clearly that management making bad decisions ends up with regular employees getting laid off. There is no punishment for the individuals making bad bets.

consp 3y ago

> they == Everybody who does not want to go to the office, the shareholders and others involved but NOT the one making the decision based on nothing.

ClumsyPilot 3y ago

> if they're wrong, they will be "punished" by market forces we live in age of monopoly, market forces no longer punish. in 1990's there were twice as many companies registered on the stock exchange as today

secstate 3y ago
Disappointed this was downvoted initially, you got my +1. Corporate reality in 2023 is creeping ever closer to a Weyland-Yutani plutocratic government where "market forces" are unable to put a dent in shitty corporate behavior. I have to fly Delta home. They cancelled my connecting flight, moved it to a day later and say "sorry, you can sleep at JFK!" The next time I fly, I've got 1/3 odds Delta will be the only one flying where I need to go. Rinse and repeat for online merchants. This will have ZERO effect on Amazon's ability to function because employees have ZERO clout in management meetings.
- colpabar 3y ago
  What are you, a communist? The free market will fix that, any day now!
  - antisthenes 3y ago
    Unironically, millions of people still hold that viewpoint pretty strongly. Many Libertarians make a point of stating it in discussion as some kind of flex even. I have no idea why, as it is basically a declaration of one's own economic ignorance, but there you have it.
josefritz 3y ago
People forget how much it's changed but I think that's spot on.

TheCleric 3y ago

No I think we’ve seen clearly that management making bad decisions ends up with regular employees getting laid off. There is no punishment for the individuals making bad bets.