The act of incompetently managing a company to benefit few in leadership positions. Typically the instigators of such schemes add little value as they are not innovative by nature and only serve as a mouth piece to appease shareholders and media. These people are masters of deflection, never admitting or taking responsibility for their poor decisions. Instead their solution is layoffs and raising quotas in an attempt to finance their short comings. Often having no background in engineering or applied sciences they are not capable of understanding what it takes to meet the impossible targets they set. They will then report these numbers as projected/attained at a “mark to market” valuation and give themselves big bonuses. Once it’s all said and done just before the collapse, they will quietly step away to infect a new host.
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Lol