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this post was submitted on 22 Mar 2024
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At this point I'm convinced that MBA classes are really just training willful ignorance, in favor of "line go up" strategies.
That is all they teach.
Jack Welch is seen as MBA-Jesus and they all strive for similar stockholder returns as to what happened under him with GE. If you want a good read, GE under Welch is the OG enshitification story. He took a juggernaut of a company and completely destroyed it for short term shareholder gain.
Now it’s just a shell of its former self, but those guys at the top sure made alot of money.
Screw Hitler. If I invent a time machine, Jack Welch will get a tommy gun to the back of the head before he can lay off one worker, or gut a single workers protection.
Edit: autocorrect got me
The thing is that being "willfully ignorant" has served them well, so it makes it the smart move when the goal is "line go up".
Give me money and call me stupid, why would I care what a few "smart" people think when millions of "stupid" people give me all I want?