4 ms·
I think you are overestimating the importance of "revenue impacting incidents" to company employees. If the company makes a couple of million extra or less thi
by slyall 5y ago
I think you are overestimating the importance of "revenue impacting incidents" to company employees.
If the company makes a couple of million extra or less this year it doesn't effect the majority of workers. Their bonus isn't going up or down etc. And remember this incident has already happened.
By contrast if a report comes out blaming the loss on a worker, department or division then that could have major consequences. No matter how "blameless" it is, come next round of bonuses, promotions or layoffs everybody knows it'll be factored into the decisions.
So people don't have an incentive to make themselves look bad and unlike with the NTSB there is no legal powers or fear of causing deaths behind the investigation.
- laurent92 5y agoI understand, but it sounds like we are digging ourselves into the same hole as USSR workers who were not incentivized to deliver working products, when we do that. It’s a civilizational peril. How do we solve cooperation at large scale? Is the only way to watch large companies accumulate bored employees and constantly recreate “the small guy”, the startup, which will finally make things right, until they become too big to be incentivized?
- WalterBright 5y agoThat's exactly how it works, and why big companies do not grow until they consume the entire world. They become complacent and unable to change, and a startup eventually takes their business away.
- saalweachter 5y agoIt's funny that people expect management to function better because it's employee-owners of a capitalist corporation, instead of feudal lords or members of a communist central committee.
- laurent92 5y agoThe feudal owners in a startup situation are the marketplace owners who organize all startups to compete. The day we lose is the day all of those marketplaces themselves are cannot be replaced.
- disgruntledphd2 5y agoi.e. VC's and other providers of capital.
- rdtwo 5y agoWell they would except often startups are prohibited from competing via regulatory capture or excessive funding costs
- Spooky23 5y agoThat comparison is apt. A big corporate entity is a mini command economy, and fails in similar ways. There is an inflection point where the focus of the organization shifts from mission focus to control focus. Usually it’s when growth slows. A fast-mover industry like tech is a great example, but it happens almost everywhere.
- snowwrestler 5y ago> Is the only way to watch large companies accumulate bored employees and constantly recreate “the small guy”, the startup, which will finally make things right, until they become too big to be incentivized? Yes, and you have just illustrated why the USSR struggled economically in comparison to the United States.
- foobiekr 5y agoI didn't say "employees" so much as "executives"; and the executives I'm referring to go beyond owning P&L. They actually do care about revenue, which is why everyone lies to them.