[chickensong]

> They simply dont have the culture to evolve. The devotion to next quarters numbers and share holder value play a massive part in this.

I think this sums up the problems pointed out by the article, as well as most organizational problems in general.

When I was younger, I thought management was basically useless, do-nothing mucky mucks, who did more harm than good. This can still be true, but I've changed my opinion. Hiring and firing is hard. Creating a strong and healthy culture is hard. Defining success, and steering the ship to it is hard.

I think as long as money is the measurement of success, particularly from a short-term viewpoint, nothing can change. Public companies basically cannot evolve their form, because boards and shareholders will rarely agree to leave money on the table for an opaque long view that prioritizes culture over profit.

[zer00eyz]

> Hiring and firing is hard. Creating a strong and healthy culture is hard. Defining success, and steering the ship to it is hard.

A big subset of these issues are American business culture.

> Public companies basically cannot evolve their form, because boards and shareholders will rarely agree to leave money on the table for an opaque long view that prioritizes culture over profit.

https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co. makes a lot of this possible.

Other corporate structures are possible: https://en.wikipedia.org/wiki/Mondragon_Corporation