Nailed it, nailed it, nailed it! Here is another interesting article in the same vein. It discusses how MBA-style management isn't always a good thing.
http://www.forbes.com/sites/adamhartung/2012/04/20/sayonara-sony-how-industrial-mba-style-leadership-killed-once-great-company/Companies have generally lost their way. They don't seem to have customers anymore, but "income streams". I can't see any way that can be good. Are the 1%ers that run these companies so disconnected from the rest of us that they have to dehumanize us? The entertainment industry sits at the top of this steaming pile. Their refusal to provide customers a product they want and can use is mind boggling. People are either left out or resort to piracy to get the entertainment they want. Either way the industry gets zero revenue and therefore zero profit. On top of that they have lobbied lawmakers to ensure the pirates are punished worse than violent criminals. How is that good for anyone? It's not like they're going broke, but their greed and insistence at squeezing every last dime out of every human alive is beyond comprehension.
Their excessive influence on governments and laws is another big issue. Although businesses have always tried to manipulate politicians, the level of this in the U.S. is ridiculous. They have manipulated our laws so they can operate with near impunity. Also, it seems many, if not most new laws passed these days involve giving some business or industry an advantage or protecting their profits. What ever happened to government by the people, for the people?
I worry about the world where my grandchildren are growing up. I realize that is nothing new, but I don't see any good outcomes along our current path. We will eventually hit a breaking point. I wonder what that will be and when it will occur.
