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He’s got a bee in his bonnet about ESG and DEI, and I think he’s quite wrong about the actual dynamic around these important principles in the continued success or incipient failures of businesses (my take: practically irrelevant to economic failure or success outcomes of businesses, because those economic outcomes are mostly tied to market factors and management capabilities independent of social missions or lack of them).

But I do think his analysis of the mechanisms and processes of management failure is on the money, at least what I’ve observed from close up.