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Opportunity costs is something they are taught about in school but somehow seem to always forget about. I think it is more a question about incentives for the r
by jeltz 1y ago
Opportunity costs is something they are taught about in school but somehow seem to always forget about. I think it is more a question about incentives for the roles MBAs are usually hired into. Either that or the lack of knowledge of the actual product makes them too detached.
- MichaelZuo 1y agoWho would even hire an MBA to improve such difficult to measurre things? Maybe it will make a significant enough cumulative impact 5 years later that it can actuallly be noticed and defended in a meeting against other priorities. But I’ve never heard of anyone hiring someone on minimum wage and deferring a huge bonus to 5 years later. Even if it does makes a big impact, would anyone even take a such a job?