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Why ? Something something 50% + of resource allocation is done inside fiefdoms where theoretically the CeO / major shareholder has dictatorial power Plus most
by lifeisstillgood 4y ago
Why ?
Something something 50% + of resource allocation is done inside fiefdoms where theoretically the CeO / major shareholder has dictatorial power
Plus most (large) companies have serious efficiency problems - I think the solution to bureaucracy is not going to be what got us there.
plus I find most arguments that are "free market works" to be laughable in the face of experience
- Nevermark 4y agoCorporations often trade off the efficiency of many small things, even pervasive things, for overall greater effectiveness. It can be frustrating for workers and customers, and it’s not always a trade that pays off, but it works enough for many companies to be both chronically inefficient and successful. Leadership optimizes for effective control toward increasing total income. They don’t worry about waste that could be a distraction to eliminate, create unpredictability for small payoffs, or if it’s offset (in their view) by greater income.