> put a lot of MBAs in top leadership positions to make their financial schemes work.

Has it ever worked?

hedora 4 days ago | parent | next [-]

It usually does until it doesn’t, then stops working really fast. GE and Boeing are recent examples.

So it never actually works, the momentum from before just hides the fact and makes it seem that it works until it doesn’t.

jabl 4 days ago | parent | next [-]

It works splendidly for all those MBA's with golden parachutes.

	▲	earthnail 4 days ago \| parent [-]
		It 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 4 days ago | parent | prev [-]

It works for long enough to ride on the rise of the stock, and cash out.

4 days ago | parent | prev [-]

[deleted]

Yeul 3 days ago | parent | prev [-]

Ofcourse Intel was printing money for a while.

Long term? No. But what Westerner cares about long term?