Re:Southwest operational meltdown as hundreds of flights can...
by toss1 on Monday October 11, 2021 @12:52PM
(#28830333)
Yes, but with finance based on transitory MBA executive suites job-hopping around the corporate world, the right play is to price in the risk during your term and a bit after, so the 10-year risk is ignored, but if you can strip everything out of redundancy, product development, etc., the numbers will look better for a while, you get your bonus package, and move to the next opportunity/victim.
When things have been built to last, there is a lot of "fat" that can be cut - for a while.
The numbers will always look better - until they don't.
When the music stops, the "lean" "financial engineers" will be long gone, and those still there will have not the slightest clue how to re-start a culture of serious product/service development or robust operations, and the corp falls into a death spiral.
If you are a trader, you DGAF.
If you are an investor, watch for numbers improving without product and operations improving, and new markets being opened.
Re:Southwest operational meltdown as hundreds of flights can...
by Zigurd on Monday October 11, 2021 @01:39PM
(#28830831)
I was not disagreeing. The biggest problems come where finance is not sophisticated and management is seduced by cost cutting. Those often go hand in hand.
When things have been built to last, there is a lot of "fat" that can be cut - for a while.
The numbers will always look better - until they don't.
When the music stops, the "lean" "financial engineers" will be long gone, and those still there will have not the slightest clue how to re-start a culture of serious product/service development or robust operations, and the corp falls into a death spiral.
If you are a trader, you DGAF.
If you are an investor, watch for numbers improving without product and operations improving, and new markets being opened.