Originally Posted by
framer
Tied up in that statement by the Chief Operating Officer is the crux of the problem with business decision making at executive levels, over the last 30 years.
The statement itself is probably a fine statement, true and accurate. The problem is the weight that it carries with the person who makes the final decision, in this case Andrew David. If you go back 40 years the decision maker would take that statement as just one of many competing variables that are weighed to make the best long-term decision for the company. Now days, the near term financial targets carry the greatest weight and sensible forward looking ( beyond next year) decisions are less likely.
I wonder if it’s because we have finance people running the Aviation industry? There is certainly a place for them, I just don’t think it’s at the top.
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They only plan as far ahead as their next bonus. And that is the root of all the problems.