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How can we reconcile this with the relative death of small business: "More people are working in big, bureaucratic organizations than ever before. Yet there’s
by lkrubner 4y ago
How can we reconcile this with the relative death of small business:
"More people are working in big, bureaucratic organizations than ever before. Yet there’s compelling evidence that bureaucracy creates a significant drag on productivity and organizational resilience and innovation."
And yet small businesses have been dying and more and more economic activity is being taken over by large businesses. But these large businesses then waste $3 trillion on management? If that is true, what exactly is it that makes small business so inefficient that they cannot compete against an enemy who sabotages itself with a self-inflicted $3 trillion penalty?