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by spacesarebetter
2556 days ago
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Really interesting article. This actually seems like a really smart move but only in short term. In the long term, they will definitely suffer because the employees will take poor decisions in order to complete in the cut throat environment and high turn over. Perfect example of this approach is GE. They started implementing something like this in 90s and in 2000 it was one of the most valued companies. By late 2000s GE was completely ruined. It is not even a Fortune 500 anymore. |
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