3 ms·
Well it's the way GE was run and look what happened to them. Caring only about your share price is a great way to ruin a company. The share price should be the
by moose_man 3y ago
Well it's the way GE was run and look what happened to them. Caring only about your share price is a great way to ruin a company. The share price should be the result of a well run business not the true north of the company. By making the metric into the goal it totally defeats the purpose of the metric.
- Kim_Bruning 3y agoSo basically Goodhart's law in action then? https://en.wikipedia.org/wiki/Goodhart%27s_law https://en.wikipedia.org/wiki/Goodhart%27s_law