Re:The shittiest project I ever worked on (2013)
by paulddraper on Friday May 24, 2019 @01:16PM
(#20003519)
I will invoke the Peter Principal [1], but for businesses.
These now big corporations were really good at something...so good that they beat the competitors, grew their market share, expanded their head count, etc.
However, operating at a higher and higher scale (or with more modern technology) brings new challenges that weren't part of the game before. Ones that they are not necessarily good at. Eventually they might become great enough to threaten the company itself (AOL, AT&T, Yahoo, etc.)
The inefficiencies you see are characteristics that accrued due to the level of success and exposure to new challenges. The inefficiencies are not characteristics that got them to that success.
These now big corporations were really good at something...so good that they beat the competitors, grew their market share, expanded their head count, etc.
However, operating at a higher and higher scale (or with more modern technology) brings new challenges that weren't part of the game before. Ones that they are not necessarily good at. Eventually they might become great enough to threaten the company itself (AOL, AT&T, Yahoo, etc.)
The inefficiencies you see are characteristics that accrued due to the level of success and exposure to new challenges. The inefficiencies are not characteristics that got them to that success.
[1] https://en.wikipedia.org/wiki/Peter_principle