Why Giant Corporations Have A Counter-Productive Culture

Posted on: February 23, 2009

Giant corporations work hard to kill optimism. Managers lose their jobs when their sales and expense forecasts are missed by three percent or more. Then no one gets a big cash bonus and everyone is angry. Then the profits reported for this public corporation for the quarter miss by a penny and the stock drops fifteen percent that day. Investors are mad and so are employees with stock options. The most accurate forecasters then get promoted into the jobs vacated by the optimist (now gone) executives who were too optimistic.

John Nesheim talks about why giant corporations have a counter-productive culture.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


  • None
  • bigsurf: yeah it's really cool.. well i guess you can also come to Singapore as there's a big cosplay thing going on here too!
  • Lasitha Silva: I also like to have a snap with a Star wars character. And I think..I need to be at Tokyo for that. Coz I love to be there too.
  • Mr WordPress: Hi, this is a comment.To delete a comment, just log in, and view the posts' comments, there you will have the option to edit or delete them.


%d bloggers like this: