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I agree, but it has something to do with very basic differences between people, how they view business, how they understand its goals. Basically, in start-ups,
by dvfjsdhgfv 9y ago
I agree, but it has something to do with very basic differences between people, how they view business, how they understand its goals.
Basically, in start-ups, the main goal and driving force is the desire to get rich, and this is how "success" is defined. Whereas for managers in bigger companies, especially more traditional ones, success is very much related with people, and especially workforce cuts are considered as a failure - of the company and of managers, regardless of the financial outcome for the shareholders.
- digi_owl 9y agoI'm tempted to say it started in the 80s, as corporate raiders ran around. This lead to a shift in focus from continuation of the corporation to a focus on shareholder dividends. Then later the raider mentality turned into the VC mentality, in both cases focusing on a boom-or-bust approach.
- ouid 9y agoThere is a reason that it stuck around though, it is a successful strategy in an economy where the prevalence of strategies is highly, if not exclusively, correlated with their ability to make ROI.
- dvfjsdhgfv 9y agoThe main question is: successful for who?