The mysterious political jumble of the incumbent organization

The mysterious political jumble of the incumbent organization

10 January, 2020 1 min read
management

The mystery of the incumbent organization: it is often owned by capitalism-minded “feudal lords”, who wish to achieve a monopoly or oligopoly that lasts as long as possible thanks to a) regulation harming competitors or (in some countries) b) corruption of public officials while at the same time benefitting from cost cuts resulting from a free market on the suppliers’ side. It hires employees (i.e. people who cannot or will not pursue entrepreneurship for whatever reason) while proclaiming bottom-up democratic approaches to innovation and egging everyone on to be entrepreneurial, despite operating with a periodic authoritarian top-down resource allocation (budgeting) akin to that of planned economics, while boasting humanist diversity and inclusion buttressed by a solid budget on the HR and Legal sides to deal with any issues that might arise by too much of all that jazz.

If you think about it, it’s a surprise that it achieves anything, and even an utter miracle that this notion of a business full of inherent contradiction has led to such prosperity (yes, with a lot of externalities, too…).