Quote of the day—Brett

The problem today in large enterprises… Death by MBA.

Brett
October 10, 2016
[He provided many examples but I’m sure you can supply your own.—Joe]

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3 thoughts on “Quote of the day—Brett

  1. The only thing worse is death by pacifying the stock analysts, performing unnatural acts to hit the magic quarterly performance number an external observer set after contemplating his navel.

  2. Far too many MBAs think humans are rational actors, and the laws of man can overrule the laws of economics, the laws of nature, Murphy’s Law, and the law of unintended consequences.

    er….. nope.

    • Just because “Extraordinary Popular Delusions and the Madness of Crowds” is an old book doesn’t mean it isn’t still highly relevant to current events.

      Oh, and too many of the classes I took in the course of my MBA degree way back in Reagan’s first term seemed to depend on assumptions arrived at by the application of crystals, essential oils and mysterious herbs, after which those assumptions were whipped into conclusions using mathematical techniques beyond calculus. An old guy with a Rand McNally map and a gut feeling could, can and will always do better.

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