5 ms·
The principle of spreading the pain upwards extends to making ownership feel the pain of bad management. But that’s a slow mechanism, and in the case of public
by rectang 3y ago
The principle of spreading the pain upwards extends to making ownership feel the pain of bad management. But that’s a slow mechanism, and in the case of public companies, shareholders are so thoroughly isolated and insulated that it hardly works at all.
- actionfromafar 3y agoIt works in the evolutionary sense - the worst compianies just die.
- constantly 3y agoCounterpoint: SAP remains a going concern.
- actionfromafar 3y agoSAP is really fascinating. On the one hand, it apparently works. On the other hand, it seems to feed on suffering.