[Valpal1]

This is what happens to corporations that are managed to maximize “stock value” instead of striving to gain and keep customers through service and innovation.

They cut costs, outsource, sell crappy products and then wonder why nobody buys their crap and the stock value plummets anyway.

Cart. Before. Horse.

[Sherman Logan]

Excellent points.

A deadly, highly infectious business disease often transmitted by MBA programs.

Frequently caused by over-focus on quarterly results. Giving short term thinking priority kills your business in the long run.

[Roses0508]

This is what happens to corporations that are managed to maximize “stock value” instead of striving to gain and keep customers through service and innovation. They cut costs, outsource, sell crappy products and then wonder why nobody buys their crap and the stock value plummets anyway. Cart. Before. Horse.

Amen. I've worked for a couple of good companies that nearly did themselves in this way.