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Extreme focus on the stock price and thus highly short term thinking. The accountants run the show and try to aggressively cut costs at every corner which works
by 7thaccount 2y ago
Extreme focus on the stock price and thus highly short term thinking. The accountants run the show and try to aggressively cut costs at every corner which works really well in the short term, but over time the company gets decimated and nobody can take the bigger product risks that allow a company to continue to evolve.
- detourdog 2y agoMoved the corporate headquarters from Pittsfield, MA. To Rockefeller center NYC. It’s be more than a generation and Pittsfield is still adjusting.