Comment Re:Predictable (Score 5, Insightful) 231
Leadership will maximise shareholder value because that's their job, and that's what will earn them bonuses. Long term will be someone else's problem because those who make such decisions will have collected their bonuses and left before there's any fallout.
The current system is set up to prioritise short term profit above all else, so there was never going to be any other outcome.
100% this^. I’m not even in aerospace and it was shocking to me the level of ignorance present in corporations because of how undervalued competence is. When you think you can just slap the wine bottle from the hand of the guy living outside on the street and put him in a technical position at half the cost it’s amazing anything works at all in this world.