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It's exceptionally hard to find good executives due to nepotism and other problems with hiring them that result in the wrong people in charge of the wrong thing

• paganel 2y ago
  Yeah, I agree that it's a very difficult problem to solve and that getting the balance right between using metrics and having access to good "guts" is essential in a company's forward success, but that's the state of affairs we are in right now, for better or worse. I also think that the companies that matter getting bigger and bigger, with no actual failure on the horizon (such as bankruptcy) in case of strategically wrong decisions doesn't help things one bit, because in those cases management failure is in many cases rewarded as there's no immediate and adverse affect on the life of the company itself. We need some return to creative destruction, otherwise we'll be left re-arranging the chairs on the deck of the Titanic (I see this type of discussion on this particular subject as part of that metaphorical re-arrangement) until the proverbial iceberg will strike.