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Comment by datakan

5 days ago

The closer people live to the consequences of their decisions the more rational they become. Until leaders(and I use that term loosely) are held accountable, the insanity will continue.

Their only accountability is to the stock price. The insanity will continue.

  • As long as our stock price continues to... Continues to rise... Which... Hmm... I'm just now reading our balance sheet. Is this number right? Great, thanks.

    As I was saying, you're all fired.

  • I’m willing to bet that most of us here are capable of acquiring pitchforks and torches.

    I predict that will be their comeuppance; it will begin a new era in history.

In addition to being true, this observation is profound. When designing any multi-step system that relies on humans making decisions, whether in governance, organizations or economies, placing root causes as close to end effects as possible is almost always better.

I’m sorry you are used to working with out of touch leadership. Not all companies are like that. Even big ones can have smart, empathetic leaders. Although very often money gets in the way of empathy.

  • Money alao has the problematic tendency to warp the people around you, it's its own kind of gravity. The more powerful you are the more you attract yesmannerism and the more you lose touch with what's going on.

  • Also notably these attributes don’t make one infallible. I see a lot of engineers judging from the sidelines without any sense of how to run large orgs and how you have to make tough calls with imperfect info all the time.

  • Being out of touch is the default state for leadership. They mostly just parrot the news with a multi-month lag.