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I'm working in a company that is exactly in this same position, that HP was in apparently around the 80s. The thing is that these big companies one or two gener
by erikb 8y ago
I'm working in a company that is exactly in this same position, that HP was in apparently around the 80s. The thing is that these big companies one or two generations after the founders are mostly staffed with people who know nothing else. They did their university internships in this company, they wrote their final thesis in this company, and now they work in this company. Of course that makes them super loyal, but that fact also makes it impossible for them to see that the company as a whole is currently colliding with an iceberg. I mean, it will probably still exist in 50 years and make a lot of money. I even own stock in my company because I believe it's strong. But it's quite unlikely that 10-20 years down the road it will still be the powerhouse it is now. The market is not continuing as it used to, but the company can hardly turn its course. People are not even recognizing that fact and confidently continue on the same path that worked for their mentors in their corresponding youth.
- selimthegrim 8y agoIs this company Intel, because I was working there five years ago as a contractor and this seems spot on.
- technobabble 8y agoBased on your perspective, what can the company do to either prevent hitting the iceberg, or minimizing the iceberg damage as much as possible?
- erikb 8y agoI don't think there is anything that can be done, honestly. There are reasons for the current way of decision making: keeping the people in power who have been in power since the beginning. If the way of work changes, then also the leadership will change. And the current leadership isn't that fond of such ideas. I'll keep an eye on how well behemots like Microsoft or Saudi Arabia can really change under new leadership and build my hope on what I'm seeing there.