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Re:Elon Musk Decries ‘M.B.A.-ization’ of America by Barrin92 on Friday December 11, 2020 @04:11PM (#25391050)
>"We want to grow our market by 8.2 per cent and give our bosses higher Christmas bonuses"

This isn't a bad thing. Profit and price are, in most cases, still reasonable signals for what consumers want, and growing your market means you're serving real demand in the actual world. This is what creates employment and utility.

Flying to Mars and ignoring market share is nice but doesn't serve any actual point, other than Musks idiosyncratic desire for it. He can pursue it because in other areas the company actually does pay attention to growing their market and funding it.

But overall companies should pursue growing their market share because it means they're serving customers. I don't think the world would necessarily be better served if Walmart focussed on shooting rockets to the moon, rather than making it so the shelves are stocked and the products are cheap.

Re:Elon Musk Decries ‘M.B.A.-ization’ of America by MetaWhirledPeas on Friday December 11, 2020 @04:16PM (#25391108)
Right. But the company needs to have a point. Growing market share doesn't mean you're serving your customers' needs. You can grow your market share quite well by acting anti-competitively, or by exploiting your customers' weaknesses (gambling). No thanks.
Re:Elon Musk Decries ‘M.B.A.-ization’ of America by legulere on Friday December 11, 2020 @04:54PM (#25391704)
It can also be pure gaming of numbers with negative long term effects.
Re:Elon Musk Decries ‘M.B.A.-ization’ of America by judge2020 on Friday December 11, 2020 @04:42PM (#25391460)
to add, I think the general argument here is that aiming for output doesn't mean the input will be good/beneficial.
Re:Elon Musk Decries ‘M.B.A.-ization’ of America by babesh on Sunday December 13, 2020 @02:42PM (#25409453)
This is wrong. It is confusing the side effect from the cause. There are many ways to grow. One way would be to build a better product. Another way could be to bribe officials in charge of purchasing. Another way would be to fake numbers.