4 ms·
> I see the same problems at Boeing: once engineering-driven people companies get taken over by finance leeches. This usually follows an actual or virtual monop
by altruios 3y ago
> I see the same problems at Boeing: once engineering-driven people companies get taken over by finance leeches. This usually follows an actual or virtual monopoly, just as Steve Jobs described [1].
There is a nice mental framework for viewing such things. It has a bit of a religious origin, but it effectively explains and describes what you're seeing (I'm viewing it through an atheistic lens). I mean, the egregore.
This is the natural life cycle of an egregore! Which is explained by having two groups, those that serve the purpose the egregore was created for (engineers, people that provide value), and those that serve the egregore itself (financials, people that extract value). Both these groups need to exist for a healthy entity to exist. But the balance (seems to) always tip - the egregore eventually chooses the group that serves the egregore to lead - when that happens, the original vision is often lost, and the company looses customer trust by altering the relation the customer has with the egregore (how much value the customer extracts from the egregore vs how much value the egregore extracts from the customer).
https://en.wikipedia.org/wiki/Egregore#:~:text=Egregore%20(also%20spelled%20egregor%3B%20from,a%20distinct%20group%20of%20individuals https://en.wikipedia.org/wiki/Egregore#:~:text=Egregore%20(a....
This pattern comes up, an possible indication of this flip: when the original owners of a company are pushed out, or leave.
- 5- 3y agorelated: https://www.jerrypournelle.com/reports/jerryp/iron.html https://www.jerrypournelle.com/reports/jerryp/iron.html from this recent thread, which is rather relevant: https://news.ycombinator.com/item?id=39491863 https://news.ycombinator.com/item?id=39491863