Right. "Management" people who adhere to that philosophy are glorified by the media, press, etc because they lack vision beyond quarterly results. The worship of short-sighted idiots like Jack Welch, Mark Hurd, Carly Fiorina and MBA-style methodology is destroying American competitiveness. Even Harvard Business School, of all places, says so: http://www.forbes.com/sites/stevedenning/2013/03/10/the-surp...
