Like I love how nobody seems to question the expertise of CEOs. Like, I know the board structure, they consult experts and make decisions. That makes sense (I mean it has problems but it makes sense). But if you’re choosing a CEO for a Telecoms company, and the last job he did was being the CEO of a successful kitchenware company, I’m gonna question the degree to which this person can do their job well. There are so many CEOs who seem completely disconnected from the company they are in charge of.
Because no matter the business, the game is capitalism. Who has the cutthroat, borderline personality to “make the tough calls” (read: weigh the cost benefit analysis of screwing the next group of people).
It doesn’t matter what the business is. Because it’s just about cost and benefit to these people. If they can cut costs, they will. If the benefits are lacking in that people will be outraged enough to stop buying, or the lawsuits will cost more than the profit increase percentage (factored into the actual viability of the claims and the affected group’s buying power for legal representation), then they don’t do it.
Nowhere does “but is it right” factor in. It’s only “will people find out, and if they do can we weather the storm.”
Hahahaha. God they really are so fucking stupid.
Like I love how nobody seems to question the expertise of CEOs. Like, I know the board structure, they consult experts and make decisions. That makes sense (I mean it has problems but it makes sense). But if you’re choosing a CEO for a Telecoms company, and the last job he did was being the CEO of a successful kitchenware company, I’m gonna question the degree to which this person can do their job well. There are so many CEOs who seem completely disconnected from the company they are in charge of.
Because no matter the business, the game is capitalism. Who has the cutthroat, borderline personality to “make the tough calls” (read: weigh the cost benefit analysis of screwing the next group of people).
It doesn’t matter what the business is. Because it’s just about cost and benefit to these people. If they can cut costs, they will. If the benefits are lacking in that people will be outraged enough to stop buying, or the lawsuits will cost more than the profit increase percentage (factored into the actual viability of the claims and the affected group’s buying power for legal representation), then they don’t do it.
Nowhere does “but is it right” factor in. It’s only “will people find out, and if they do can we weather the storm.”
Capitalism should die.