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This is more common that you would think. I’ve seen situations where it’s been hard to untangle ownership stakes in outside firms, and folks not disclosing fam
by mathattack 5y ago
This is more common that you would think. I’ve seen situations where it’s been hard to untangle ownership stakes in outside firms, and folks not disclosing family ties to new suppliers.
Makes me realize why there is so much red take on new vendors at large firms.
- beckingz 5y agoThe red tape is important for ensuring that bad outcomes don't happen during the process. Bad outcomes outside of the process like it taking years to buy software? Not any one person's fault.
- TeMPOraL 5y agoSome of the "bad outcomes during the process" can cost the company more in legal fees than a multi-year software project. Red tape tends to be concentrated in such areas. For example, exports control and anti-money-laundering regulations. After sitting through trainings on the former, I'm very glad I don't have to deal with traveling or sending physical devices around the world...
- mathattack 5y agoCompliance is painful because it’s hard to come up with precise NPVs on “we need to do it to avoid bad outcomes and because of the law.” It’s a shared tax that grows as the company grows, but the benefit is unseen. So compliance becomes a function of the political power of the leaders.