[qbasic_forever]

You still have a goal that people are optimizing for though--how to increase that intangible, subjective measure known only to the manager. It leads to people optimizing for talking about the stuff they do more, showcasing their accomplishments, and in bad extremes brown-nosing, infighting and sabotage of others work. Whether any of those behaviors lead to a better product or outcome for the company is something to strongly consider.