Monday, October 06, 2008

No Surprise Here

Why is everyone so surprised when the facts clearly point to what has been happening for a long time.
Wharton management professor Peter Cappelli says this type of lapse in leadership dates to the 1980s when companies began to focus on aligning executive incentives with shareholder interests. He believes an excessive focus on individual financial goals, at the expense of managing in the best interests of the company overall, is at the root of the leadership debacle that has rocked the financial services sector.

Obviously, my emphasis of some obvious points.

3 comments:

nonheroicvet said...

This may be a good time to reread the book about George Babbitt.

Anonymous said...

PS: While waiting to hear from the Nobel Committee.

nonheroicvet said...

And speaking of Sara Palin - when a woman winks at me, my first thought is something other than voting for her.