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MBA thinking is exactly about squeezing profits by cutting expenses. You can completely gut a company's future by doing so, while having multiple years of profi
by elzbardico 3y ago
MBA thinking is exactly about squeezing profits by cutting expenses. You can completely gut a company's future by doing so, while having multiple years of profits guaranteed by backlog orders.
There's some kind of inertia, were bad and good decisions take some time to have their effects felt.
Likewise, due to the same inertia, unless something dramatic happens, the current administration of a company is downstream the culture of previous administrations, as the people at the helm in the present were promoted, hired mostly based on the criteria of the the last past dramatical cultural change, that was the managerial takeover by the MD bureaucrats post-merge.