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> put a lot of MBAs in top leadership positions to make their financial schemes work. Has it ever worked?
by EFreethought 1y ago
> put a lot of MBAs in top leadership positions to make their financial schemes work.
Has it ever worked?
- hedora 1y agoIt usually does until it doesn’t, then stops working really fast. GE and Boeing are recent examples.
- deleted 1y ago[deleted]
- darth_avocado 1y agoSo it never actually works, the momentum from before just hides the fact and makes it seem that it works until it doesn’t.
- jabl 1y agoIt works splendidly for all those MBA's with golden parachutes.
- earthnail 1y agoIt seems we need a system where these failures are visible earlier. If you consider the current economy a strategy game, our game dynamics incentivise bad short-term optimisation. We can blame the MBAs, but we really should see how we can propose a better system. And then convince people of that. Okay okay, I give up already.
- nine_k 1y agoIt works for long enough to ride on the rise of the stock, and cash out.
- Yeul 1y agoOfcourse Intel was printing money for a while. Long term? No. But what Westerner cares about long term?