The org structure is broken. One of the reasons why so many companies beat large companies in cheap money environment was because they could use that money on r

The org structure is broken. One of the reasons why so many companies beat large companies in cheap money environment was because they could use that money on real execution aka, less management. The large companies could never produce as many useful products in a cheap money environment because they have hamstrung themselves with layers and layers and layers of managers, each with their own agendas.