Bulldozer00's Blog

The principle objective of a system is what it does, not what its designers, controllers, and/or maintainers say it does. Thus, the principle objective of most corpocratic systems is not to maximize shareholder value, but to maximize the standard of living and quality of work life of those who manage the corpocracy…

The principal objective of corporate executives is to provide themselves with the standard of living and quality of work life to which they aspire.  – Addison, Herbert; Ackoff, Russell (2011-11-30). Ackoff’s F/Laws: The Cake (Kindle Locations 1003-1004). Triarchy Press. Kindle Edition.

It seems amazing that the non-executive stakeholders of these institutions don’t point out this discrepancy when the wheels start falling off – or even earlier, when the wheels are still firmly attached. Err, on second thought, it’s not amazing. The 100 year old “system” demands that silence is expected on the matter, no?