Yes, it does lack common sense but they were companies (publishing,pharma, resources) where current profits are driven by investments made decades ago by investments into assets that only one firm can own. Plus one had 34 employee grades plus another 12 for execs, that the system was a major failure was invisible to the exective class.
Usualy with a short term we made budget this month and hows the company share price now posture. Everything could be broken if there company share price is OK, thats how.
