Seems to me that at some point they just should say “it’s good enough” and contend with current growth rates. The paradigm of never ending growth pretty is guaranteed to push companies to the point where they will produce inferior goods. Same happened to Deutsche Bank. I still remember when they were doing well the CEO got it into his head to increase their margins even more and declared that 25% was the goal now. There were a lot of people saying that a bank simply has to take on too much risk to produce these numbers and, indeed, the bank blew up. Some industries simply can’t be run like consumer good companies because the consequences of failure are too severe. Obviously this doesn’t stop people from trying repeatedly. With current executive salaries it makes total sense to destroy a company’s base in exchange for a few profitable years.
That’s one of the reasons why I am against more nuclear plants and running them like other businesses . They will start out doing solid work but over time management will get greedy, reduce quality until something blows up.
That’s one of the reasons why I am against more nuclear plants and running them like other businesses . They will start out doing solid work but over time management will get greedy, reduce quality until something blows up.