3 ms·

Oh let me check. Is she an MBA? Ah, that's why. Most engineers as leaders don't ruin companies, MBAs as leaders do.

bluGill 2y ago
You need MBAs in your company to keep the leaders grounding in reality. Someone needs to watch the bottom line and say "hey support is costing us $$$" - however MBAs seem to look to cost cutting now vs an investment. That is if support is costing dollars increasing quality is often an answer, but it is something you have to do 5 years in advance.
- 29athrowaway 2y ago
  No, you don't. You need MBAs to reduce everything to money and extract every penny out of processes and people making everyone sad, unsafe, sick, impoverished, etc. It is planet and civilization destructing mindset. Have you noticed how MBAs have never created anything? They always take credit for unsustainable short term gains that destroy great companies and present it as a success case? Like the MBA god Jack Welch, the reason 10% of employees in companies get terminated every year. We don't need MBAs for the same reason we don't need to believe in horoscopes, or put a colony of termites in our house.
  - MrMcCall 2y ago
    Outstanding post! Best of the best. Truly. > Have you noticed how MBAs have never created anything? Actually, I haven't. What I did notice, however, is that they have destroyed most everything they've touched, like, America.
  - bluGill 2y ago
    You are missing something: all the entrepreneurs that have failed because they bit off more than they could chew. This is something easy to miss in the discussion but it is important. MBAs are important, but they need to be kept in their place because as you say they don't create anything.
    - 29athrowaway 2y ago
      They have been made important but they don't have to be important. Especially if our civilization is to survive.
- rtkwe 2y ago
  It's because investments reduce short term returns while hacky cost cutting boosts them immediately. It's not even a novel problem that the current incentive system of the stock market and CEO pay heavily rewards short term rewards, it's not even from this century Jack Welsh pioneered the whole thing back in the 80s.

You need MBAs in your company to keep the leaders grounding in reality. Someone needs to watch the bottom line and say "hey support is costing us $$$" - however MBAs seem to look to cost cutting now vs an investment. That is if support is costing dollars increasing quality is often an answer, but it is something you have to do 5 years in advance.

29athrowaway 2y ago
No, you don't. You need MBAs to reduce everything to money and extract every penny out of processes and people making everyone sad, unsafe, sick, impoverished, etc. It is planet and civilization destructing mindset. Have you noticed how MBAs have never created anything? They always take credit for unsustainable short term gains that destroy great companies and present it as a success case? Like the MBA god Jack Welch, the reason 10% of employees in companies get terminated every year. We don't need MBAs for the same reason we don't need to believe in horoscopes, or put a colony of termites in our house.
- MrMcCall 2y ago
  Outstanding post! Best of the best. Truly. > Have you noticed how MBAs have never created anything? Actually, I haven't. What I did notice, however, is that they have destroyed most everything they've touched, like, America.
- bluGill 2y ago
  You are missing something: all the entrepreneurs that have failed because they bit off more than they could chew. This is something easy to miss in the discussion but it is important. MBAs are important, but they need to be kept in their place because as you say they don't create anything.
  - 29athrowaway 2y ago
    They have been made important but they don't have to be important. Especially if our civilization is to survive.
rtkwe 2y ago
It's because investments reduce short term returns while hacky cost cutting boosts them immediately. It's not even a novel problem that the current incentive system of the stock market and CEO pay heavily rewards short term rewards, it's not even from this century Jack Welsh pioneered the whole thing back in the 80s.