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> where is the accountability for all those CEOs and managers who pushed for deep investment based on FOMO, bolstered by wishful thinking and a willing ignoranc
by danaris 1y ago
> where is the accountability for all those CEOs and managers who pushed for deep investment based on FOMO, bolstered by wishful thinking and a willing ignorance of the technical details?
There's never any accountability for the bad—sometimes destructively, catastrophically bad—decisions of managers and executives. And frankly, this is part of what is causing serious problems for our society.
It breeds a class of people who genuinely believe that either a) they are truly always right, always the smartest ones around, and any mistakes or failures are because of all the people around them, or b) it doesn't matter how often they're wrong; they're entitled to always be taken seriously and get their full bonuses, no matter how badly things are falling apart because of their decisions.
Now, part of this is because our corporate world is really really bad at assessing the outcomes of decisions like these (and this is not wholly unrelated to the fact that proper assessment would reveal the levels of incompetence in many C-suites). But part of it is simply because we have built a culture that says these people are never to be questioned.
And that's toxic to any attempts to actually build something better.