: to be honest, as a shareholder I would be spitting blood over the way many companies are being disrupted by predictable changes.
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: IMHO the worst excesses of bureaucracy, duplication, bias, incompetence & lousy strategic play are in the private sector.
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: we have a delusion that boards are playing games of chess ... in most cases it's nonsense.
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Okay, if you're arguing the position that 90% of all C-level+ leadership is useless, along with advice they buy, I'm on board :)
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The "digital transformation" is basically a mass extinction event with ~10% chance of an old-economy corp surviving the asteroid
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: it certainly is a punctuated equilibrium, a new breed of organisations are appearing (the new vs the traditional).
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: rather than attempting to survive by meme copying (yah, let's be digital, let's uberize etc) without any understanding of context ...
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: ... the should embrace extinction and work towards returning as much capital as quickly as possible to shareholders.
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: it's only executives ego combined with a lack of situational awareness that prevents a sensible course ... e.g. Oracle.
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: that's also true, something I've seen ... including people hanging on to retirement.
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: the problem of course, is I have members who believe their "supplier" is going to survive because they are being told they will ...
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