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> "management is a generic function independent of the business being run. With an MBA and you can run Coke GM or Intel into the ground all the same."

I felt it needed a little tweak. You are exactly right otherwise IMO.



They were all very successful at doing that. The financialization of everything was the death of all these businesses.


Very well and succinctly put.

When I talk about the same topic with a friend, we say variants of "MBAs ruin everything they touch". But what we really mean is what you said.




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