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> filters out the most capable and most effective people from executive positions Well, yes, because generally somebody who is actually 'the most capable and m
by intelVISA 2y ago
> filters out the most capable and most effective people from executive positions
Well, yes, because generally somebody who is actually 'the most capable and most effective' will simply be running their own business, why would they waste time climbing the ranks to work for somebody else's yacht?
The filter exists because whilst PMCs can't build the ship, a founder can, they're fine at keeping it away from the rocks enough for relevant parties to extract wealth and guard it from the risks posed by hotshot up and comers.
Remeber the avg corp is relying on regulatory capture and offshore Java, maybe wrapping OpenAI if it's YC funded - there's barely double digit innovative tech companies for this mythical employee to even captain.
- samvher 2y ago> somebody who is actually 'the most capable and most effective' will simply be running their own business, why would they waste time climbing the ranks Maybe I'm being naive, but I think a large part of running a successful business is having a well defined niche / problem you solve. Getting to that point comes with a bunch of barriers and risks, and joining an organization that has that already figured out seems like it can have some advantages?
- herpdyderp 2y agoAlso, some of those most capable people don’t have the desire or means to risk entrepreneurship.
- kragen 2y agopubmed centrals? politico-media complexes?
- Spivak 2y ago> why would they waste time climbing the ranks Because their role in a company is support like CFO, CIO, CPO, CMO (and honestly CEO). The startup lifecycle where "person or people who make or design the product muddling along the other business functions until they're big enough to need someone specialized" doesn't really work for an accountant.