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I don't care directly about shareholder value, and I never will. Doing so would make my job pointless. I care about product quality and providing good value to
by JohnFen 1y ago
I don't care directly about shareholder value, and I never will. Doing so would make my job pointless. I care about product quality and providing good value to our customers. It's the board's job to worry about shareholder value, not mine.
- delichon 1y agoMany employees who own stock in their employer do care directly about shareholder value without finding that it makes their job pointless. Why would it be otherwise for you?
- JohnFen 1y agoBecause caring directly about shareholder value is a distraction from what I'm actually there to do. If I focus on shareholders, that leaves less time and energy doing my actual job and would make it more likely that I make decisions that make our products worse. If I'm doing that, then what's the point? I may as well be an MBA or something. There is division of responsibilities for a reason. I also don't care directly about the bookkeeping, HR, etc., for the same reason. That's not to say I don't care in the absolute. I just don't (and can't) care about those things directly. I contribute by doing good work.