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thenewgreen  ·  3709 days ago  ·  link  ·    ·  parent  ·  post: The Internet is Fucked

    that is the thing with bottom lines for shareholder profit margin companies. It is all about the profit now, with no regard for the future
As someone that has worked for several fortune 100 companies and one fortune 50 company, I can confirm this. Huge organizations, like any other organization have goals. These goals come from the top down. The top is almost always concerned with the same thing, "growth," not "profitability alone, but "growth." Not the growth of ideas or the dispersion of quality products, these things are nice to them but only if they foster "growth" and not just any growth but usually double digit growth. Why? Because this is what shareholders have come to expect. Did your company show an 8% increase in revenue last year? -HORRIBLE!! WHY NOT DOUBLE DIGIT! -Heads will roll and they will not roll from the top.

A good, healthy company focuses on sustainable profit and sizable margin. There's no need to grow 10% or more every year if that's not what the market naturally allows for. It's insane to even think that continuous growth is possible. Literally insane. The market is finite.

I mentioned that I've worked for three fortune 100 companies and it's worth mentioning that the one I'm currently employed at is far less guilty of these things than the other two were. Not all of them are purely evil, some are governed by more reasonable minds.