Is there data on the quality of management decisions?
Unfortunately, arguments like this are difficult to settle because, even in retrospect, it’s usually not possible to get enough information to determine the precise “value” of a decision. Even in cases where the decision led to an unambiguous success or failure, there are so many factors that led to the result that it’s difficult to figure out precisely why something happened.
Are we right or wrong? Tune in next decade to see what’s changed.