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by mech7654
1213 days ago
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One of the reasons I appreciate for business long-term planning success is that businesses are allowed to die. When a (typical) business fails badly enough for long enough, it dies, its pieces are sold for scrap, and other businesses come in to take its place. Successful long-term planning happens organically, as successful businesses grow and prosper while weak businesses fail and shrink. bureaucracies that are not allowed to die do not face this evolutionary mechanism of creative destruction- this includes governments but also a lot of business edge cases like PG&E for example. |
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