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by sanukcm
4810 days ago
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Your analysis reminded me of an article I read a few years ago called "Driven off the Road by MBAs"[1]. I won't give a synopsis because it is a really short article - but here (IMO) is the key sentence and take away: "...ultimately, moving numbers around can do only so much. Over the long haul, you've got to invent or improve real products and services to grow." The author of the article references a book written by Bob Lutz called "Car Guys vs. Bean Counters: The Battle for the Soul of American Business"[2], which contains numerous examples of how replacing executives from engineering backgrounds with executives from more traditional business backgrounds failed GM as a strategy. [1]- http://www.time.com/time/magazine/article/0,9171,2081930,00.... [2]-http://www.amazon.com/Car-Guys-vs-Bean-Counters/product-revi... |
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