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Isn't this just switching costs? The author assumes that a change in a process never amortize. However, some changes cost time and money yes, but they amortize
by wellboy 9y ago
Isn't this just switching costs?
The author assumes that a change in a process never amortize. However, some changes cost time and money yes, but they amortize after a few months ans are worth it.
Yes, some changes might lead to worse processes than others, but most changes aren't.
It all comes down to a good CEO, if you make too many changes that make it worse, the business becomes bankrupt after a few years. If your changes amortize, even only slightly, your business stays afloat or improves.