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To: IbJensen
I've seen this in other places. The tendency of senior managers is to try to camouflage serious problems, so they are not visible until after the managers have moved on.

Actually trying to solve problems involves risks, hard work, and intelligence. Over the short tern, the visible fuss might depress stock prices and make managers' stock options less valuable, or even reduce their bonuses. Thus management has an incentive to not solve big problems.

3 posted on 03/11/2009 4:07:33 AM PDT by PapaBear3625 (The problem with socialism is that you eventually run out of other people's money -- Thatcher)
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To: PapaBear3625

“Actually trying to solve problems involves risks, hard work, and intelligence. Over the short tern, the visible fuss might depress stock prices and make managers’ stock options less valuable, or even reduce their bonuses. Thus management has an incentive to not solve big problems.”

Good point, and very true.


11 posted on 03/11/2009 4:55:11 AM PDT by RoadTest (The heart is deceitful above all things, and desperately wicked: who can know it? - Jer.17:9)
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