this post was submitted on 30 Aug 2023
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[–] grte@lemmy.ca 10 points 1 year ago (1 children)

Don't fall for the canard that oversight must be lead by industry insiders because they understand the industry. It leads to bullshit like this. Such people can have advisory roles if their knowledge is important. They shouldn't be making oversight decisions. Frankly, I question how important ex-CEO's experience is anyways. The real industry knowledge will exist in the lower ranks where the day to day operations of a company actually happen.

[–] Rodeo@lemmy.ca 5 points 1 year ago (1 children)

It boggles my mind that people actually believe the bean counters at the top are experts in their industry.

They're experts at running a large corporation. They're experts at accounting. They are not experts at whatever sector their company operates in, because they don't fucking do any of that work and never fucking have.

[–] blakcod@lemmy.ca 1 points 1 year ago

Exactly they only ask… did that cost us anything? Or how do we scrape off some costs to ensure that doesn’t make our quarter look worse then it does. Wait wait what about fudging this to look like R&D and not operation costs. Ughh why can’t we disrupt this practice.