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by tmpz22
1072 days ago
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Yeah instant 2x headcount growth is a pretty blaring warning. Good thing we learned the lesson well in the 80s and haven't repeated it since. And these lessons are incorporated into business programs world wide and taught to each new generation so that they may permeate the business landscape and prevent unnecessary hardships. This is why I advocate advanced degrees in business for folks looking to enter leadership positions. |
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If I am a solo founder and hire my first employee, that's 2x headcount growth.
Between 1970 and 1971, Walmart went from 38 to 51 stores, 1500 to 2300 employees [1].
Not quite 2x, but still, not exactly a "blaring warning" or "red flag" in hindsight.
https://one.walmart.com/content/walmartmuseum/en_us/timeline...