Left turn? More like a 180.
Peter
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On Jul 27, 2019, at 1:44 PM, Stephen Hanselman <kc4sw.io@...> wrote:
And we all have to say a special thank you to Carly for the abrupt left turn in HP¡¯s operating philosophy.
Regards,
Stephen Hanselman
Datagate Systems, LLC
On Jul 27, 2019, at 12:16, Dave McGuire <mcguire@...> wrote:
On 7/27/19 10:33 AM, Peter Gottlieb wrote:
It is my opinion that this short term,
what-can-you-do-for-me-this-quarter mentality is neither good for the
company nor society in general. Positive feedback without control
almost always ends in disaster.
About fifteen years ago I had a very interesting, long conversation
with a newly-hired co-worker who happened to have a degree in economics.
I'd been through a few corporate startup/IPO cycles at that point, and
I told him about how I thought this huge shift toward not seeing past
the end of the current quarter dramatically encourages destructive
behavior, as does the whole "end goal" of the IPO...after which a
corporation has but one customer to please and care about: the body of
stockholders. The behaviors encouraged by these attitutes are not
conducive to the long-term survival of the company, and almost always
result in the company screwing over its real customers and being viewed
as "evil" by anyone with a functioning brain.
He essentially nodded and said, "yes, of course." He explained that
this is textbook economics, and people who pursue a degree in economics
are taught this in their first year.
We as a society must stamp out this behavior, but it won't happen
until the whole thing just self-destructs. Some argue that we're seeing
the beginning of that now, and I can't really disagree.
-Dave
--
Dave McGuire, AK4HZ
New Kensington, PA
