Costco (NASDAQ:COST) has a policy of not hiring MBAs and generally only hiring internally. That means the managers are personally invested in the long-term viability of the company.
Such a conservative culture may one day be their downfall, but it won't hasten it as is so often the case of management culture elsewhere.
Such a conservative culture may one day be their downfall, but it won't hasten it as is so often the case of management culture elsewhere.