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If 2) were true, these top companies wouldn't have regular, public failures, mediocre products outside of their core competencies, and they wouldn't progress pr
by grumple 5y ago
If 2) were true, these top companies wouldn't have regular, public failures, mediocre products outside of their core competencies, and they wouldn't progress primarily through acquisitions (many of which also fail).
- mytailorisrich 5y agoThis is a false equivalence. Not tolerating mediocrity does not guarantee success or even great, successful products. But tolerating mediocrity is sure to lead to even more mediocre products. Acquisitions are neither here nor there. People like Bezos, Jobs, Musk are not easy to work with because they are driven and do not tolerate mediocrity (but that still does not guarantee success) and that's why the result stands out.
- grumple 5y agoHow else can mediocrity or excellence be measured but by results? There is no other measure that matters in business. Are we to take the stories of hiring to fire, constant infighting, favoritism, bigotry, and other inefficiencies and derive from that information that these companies are wise and excellent, instead of at least a little incompetent and mediocre, perhaps not overall but at least in part and by design?