[nradov]

How is that sad? A disruptive competitor will come along and eat their lunch. Creative destruction is the natural order of things. Ideally the badly managed organization will eventually be liquidated, thus freeing up resources for more productive activities.

[golem14]

Unless they are, in addition to bad at management, really good at regulatory capture.

E.g. Experian, Transunion and their ilk are unlikely to be eaten as lunch soon.

Apologies to the good engineers and managers in those orgs!