

I’m pretty sure you can trace the management downturn of American companies back to a change in MBA curriculum.
You can see when they started getting hired after the shift. Where they were taught that as long as your department is doing well and has positive numbers, LITERALLY nothing else matters. The company could be crashing and burning around you, you might even be causing it, but as long as those numbers are going up, you’ll quickly get hired at another company. Because every single iota of their education is about pleasing investors who only care about money now, and not potential money in a few years.
Making a company worse for increased short term revenue, at the cost of customer retention, product quality, etc. causing increased turnover which further compounds all the other steps. Is a common issue among all modern companies.
In short, there was a shift in MBA education a while back that includes a bunch of lies-by-omission and misrepresented data. Meaning that the only thing on their mind when they graduate, is to please investors at any all costs, including company longevity.