Why is less than 2 digit growth looked on as failure?
So growth of 1% seems to be pedalled as a failure? In the super competitive world we have, shouldn't growth, however small be seen as a success and not a failure?
The year i was made redundant from one of the leviathan companies in IT, the arguement was that growth for the "quarter" did not meet projections and only provided around 18 bn USD net.
It sounds like priority is not about a company staying open, viable and keeping people employed, its about how many more ivory backscratchers the majority shareholders can afford, and if its less than they want, then its a failure. What an age where 18 bn USD net profit is a failure!
(I get shareholders need to see return on investment, but I think expectations are getting a bit rediculous at this stage)