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We used to have leadership by people who knew how to do and make things and we've replace them by people that only know how to "manage" things. MBAs, finance ty
by jgeada 2y ago
We used to have leadership by people who knew how to do and make things and we've replace them by people that only know how to "manage" things. MBAs, finance types, lawyers, marketeers and their like make up the bulk of people in the decision making seats. They only know how to extract value from companies, creating said value largely eludes them. And as a side effect, America now can't build things(), or only can build them at ridiculous expense and absurdly long timescales.
() yes, there are exceptions; it is interesting to study how those companies differ in their leadership.