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Yes, I asked the question facetiously...I worked in equity research for consumer products companies, and you see this (alarmingly) at good and bad companies.

"We did X, it went very badly...don't worry, we have fired the consultant who was responsible"...the question you want to ask (but cannot) is then: why I am paying the salary for the monkey, not the organ-grinder? The worst part is that I have seen this at companies that are doing well, you just have to accept the fact that you are getting pickpocketed by a bunch of idiots who control the money printer.




The sarcasm did not come through, my apologies!


It wasn't sarcasm, it was just being humorous...and, indeed, I have replies saying how ridiculous it is to expect executives to be able to run a company. The sarcasm wouldn't have been detected because the reality is that this kind of thinking has become embedded in US corporate culture: reward with no responsibility.




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