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> Emphasis on knowing Literally your primary job as an executive. Strategic knowledge and wisdom If wasting tens of million on a bullshit initiative isn't an
by hasty_pudding 3y ago
> Emphasis on knowing
Literally your primary job as an executive. Strategic knowledge and wisdom
If wasting tens of million on a bullshit initiative isn't an example of bad management then literally nothing is.
The only place these types of terrible managers can exist are too big to fail companies like LinkedIn and the Government where theres zero repercussions for poor management decisions because money keeps pouring it.
In smaller leaner companies where money is actually important executives actually have to be good at their jobs.
> "We can’t ever waste money on trying new things"
There's a difference between a good strategic decision and starting a "facebook for pets".
Some ideas are terrible at the outset.
And executives whole reason for existence is to make this determination.
Blueshift was an objectively terrible decision and whoever made that decision is objectively bad at their jobs.