4 ms·
It's interesting how, from my average man perspective, it's impossible to say whether a company operating at the scale of Apple is or is not victim to the sunk
by droopyEyelids 3y ago
It's interesting how, from my average man perspective, it's impossible to say whether a company operating at the scale of Apple is or is not victim to the sunk cost fallacy.
On one hand, a push to deliver can be leadership setting a sink-or-swim deadline to avoid sunk costs. On the other hand, maybe they've already gone too far down a dead end.
I think it has to be tricky because a tech company that does manufacturing at Apple's scale is kind of obligated to explore these possibilities. But how can you or I calculate what constraints should be in place so exploration can be effective while avoiding waste?