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What did the CEO do? He gave control to the workers. They got to choose what books go where and on what shelves. Most businesses can learn from this. Give contr
by mempko 4y ago
What did the CEO do? He gave control to the workers. They got to choose what books go where and on what shelves. Most businesses can learn from this. Give control to the people who care. This is how most co-ops work and why they are special. Gaming world has Valve following a similar model.
The reason why CEOs have so much impact is because they are at the top of a tree and make all the important decisions. this isn't a consequence of the amazing (or terrible) nature of CEOs, it's just the outcome of the corporate structure.
With a little imagination, we can imagine other corporate structures...
- WalterBright 4y agoIt's easy to imagine other structures. Whether they'll work better or worse is something else entirely. Business has evolved into the current structure, and since in a free market it's survival of the fittest, it appears to be optimal. After all, businesses exist to make money for their owners, not CEOs.
- mempko 4y agoBut what if we don't have a free market, never have, and never will have. Also most misunderstand 'survival of the fittest' which Darwin never said. Evolution is about creatures fitting to their environment. If you have a complex environment, you have complex animals. If you have a simple environment, you have simple animals. It has nothing to do with 'robustness' or 'strength' or any notion of 'good'. Similarly, if free markets are an optimizing system, they are a deeply flawed one. The constraint of spot trades and singular prices. And of course externalities, make them poor at optimization where it matters. So if we had free markets (we don't), what 'optimal' is very constrained and simple relative to what people need.