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the problem is there's not enough high value projects to do. to much labor, too many employees and too much funding relative to the number of projects that act
by tomcar288 3y ago
the problem is there's not enough high value projects to do. to much labor, too many employees and too much funding relative to the number of projects that actually bring value.
Because all the high value stuff(high ROI stuff) is already done or already being worked on. all that's left is low ROI projects which take up huge amounts of time but bring little value. employees and managers know they generate little value, so they end up doing more of them to compensate which makes the problem even worse as there's less and less high value stuff to do.
there's just too few opportunities, hence the need to expand into new industries.
- feoren 3y agoOf course there are enough high-value projects to do. You just need to be willing to experiment, expand horizontally, and let your employees go out on a limb with new ideas; something that no corporate leadership anywhere has ever been willing to do. They didn't run out of valuable problems to solve, they just have shit-ass worthless leadership just like every other (public) corporation in America.
- tomcar288 3y agowell, it's not like they're not trying to branch out. the list of failed project at google is incredibly long. i sometimes wonder if they would have more success with atoms based innovation rather than bits (reference to avc article on the matter). but that would necessitate hiring something other than software engineers.