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I think there's lots of useful things to learn from the article, though I do agree that this: > A necessary collorary to this: the principals of a technical co
by infinity0 9y ago
I think there's lots of useful things to learn from the article, though I do agree that this:
> A necessary collorary to this: the principals of a technical consultancy do very well for themselves. I don't know if that is a secret but it certainly isn't well appreciated: nobody says Occupy Boutique Rails Consultancies, but the principals of them do end up in the 1%.
is not great for society and I'm highly skeptical that it's necessary. However I can see that it would be hard to do things differently -
This type of high-level admin stuff is a simple way to make an organisation efficient, and it's unclear how best to achieve the same level of efficiency whilst simultaneously not allowing the principals the power to centralise reward to themselves as well.
- putnam 9y agoWhat would be the solution you would propose?
- infinity0 9y agoI dunno. In principle it's easy to automate the financial stuff but the social stuff wouldn't be automatable and distributing the reward properly is hard there. If a few people are good at communicating they might be tempted to believe that they are the ones bringing in the value, dropping the morale of the engineers doing the concrete work that is the foundation of the value being brought in.
- putnam 9y agoCould you explain that to me like I am dumb? How does it relate to consulting?
- opencl 9y ago>unclear how best to achieve the same level of efficiency whilst simultaneously not allowing the principals the power to centralise reward to themselves as well Everyone does literally the exact same thing but you add profit sharing to the consultancy. As the article said "Clients Pay For Value, Not For Time." Unless the principals are somehow actually providing the overwhelming share of the value rather than the people doing the work.
- infinity0 9y agoWell, "profit sharing" literally describes all possible potential (good and bad) solutions to the problem. How do you determine what is a good vs bad solution?
- opencl 9y agoProfit sharing in the very simple and literal sense, as in X% of company profits are directly given to employees.
- walshemj 9y agoAt thnakee kindly Master Frodo - I know I just saved the world but once we get to bag end ill get right back on digging the potato beds it would not do for me to get above my betters *tugs forlock" :-)