Thomas
Think back to when you were early 20's. These people come out after spending their whole life since age 5 in school. Of course they're often selfish and arrogant and do not understand that "winning" in an exam environment is slightly different from "winning" a bonus by firing staff. Empathy is often almost completely lacking, an obsolete idea to be discouraged. The new morality is "efficiency" at whatever cost, generally by applying lumpen slogans that inevitably foster matching selfishness in staff.
FWIW, our company (tries to) judge people purely on outcome. Deliver on-time and to specified quality and you get to work with almost no supervision and with extraordinary reward. Fail to deliver, avoid responsibility, play politics and you'll be micromanaged infinitely until you either shape up or leave. More leave than stay but the ones who do stay are the very best.
Having said that, only the company accountant is over 40 though 3 of the 5 on our Board have grey hairs.
Regards
JR
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1