[sudosysgen]

What is your standard for "good decisions"? Is your standard maximum profit and growth? In that case, sure. Is your standard general customer and employee satisfaction, along with stability? In that case, no.

I'd say the second criteria is infinitely more useful, and empirically it works. The most stable bank in North America is democratically run by both customers and employees, I'm a very happy customer, and I know of many happy employees.