Funnily enough we managed to make companies so much worse that the family owned medium sized (think a few hundred employees) companies run by the younger generation of the family often look better than the average company run by a CEO hired specifically for that role from a large pool of potential candidates. Most likely because they actually have some long-term thinking left.
So what you’re saying is that upper management have always been flailng, narcissistic idiots.
Yes especially if the position is hereditary or the person is heavily sponsored by there rich parents
Funnily enough we managed to make companies so much worse that the family owned medium sized (think a few hundred employees) companies run by the younger generation of the family often look better than the average company run by a CEO hired specifically for that role from a large pool of potential candidates. Most likely because they actually have some long-term thinking left.