The problem comes down to this: companies are run by children. I mean that literally, in the sense that the older I get, the less surprising it is that people y

The problem comes down to this: companies are run by children. I mean that literally, in the sense that the older I get, the less surprising it is that people younger than me do a poor job of management. The older you get, the more appreciation you have of how many and how deeply the misconceptions about how to run companies are and go. Retention of good people is very very important. But also the nature of that retention: you don’t want them in prison, you want them to be in paradise. Manage people like beekeepers manage bees: they are always free to fly away, but they don’t want to, because this hive here is so nice!