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Alex Bäcker's Wiki / Start-up executives need to understand their product

Alex Bäcker's Wiki

 

Start-up executives need to understand their product

Page history last edited by Alex Backer, Ph.D. 9 mos ago

"The majority of large corporations not only in America, but around the world are filled with executive and management layers who understand money – but not the product or service they are producing. They have traded innovation for profits – but in the long term without innovation profits and growth decline."

     -Steven Hansen in http://seekingalpha.com/article/116410-misunderstanding-the-great-recession

 

I venture say that's true not only of large corporations. 

 

Up to Entrepreneurship 

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