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Sure have. The bureaucracy brought on by regulation rewards company employees who are bureaucratic beasts themselves. I've never worked in a more political, was
by fortythirteen 9y ago
Sure have. The bureaucracy brought on by regulation rewards company employees who are bureaucratic beasts themselves. I've never worked in a more political, wasteful, back-stabbing environment than when I worked for a large company whose business was regulated.
- wpietri 9y agoHuh. That hasn't been my experience. I can't talk about the details due to NDA, but I was surprised at the extent to which fear of regulators produced useful behaviors.
- fortythirteen 9y agoPerhaps the difference is the age/size of the product/company. I could see a new company that has no choice but to build new product being driven by regulations, while a company that already has a long standing, regulated product has incentive to not introduce change. Equifax is definitely the latter.