Re:Culture Change at Google
by refurb on Friday January 19, 2024 @09:18AM
(#39055714)
It’s not the “growth at all costs” mindset at all.
It’s growth period.
It’s easy to have a “hire smart people to do whatever” culture when the money is coming in hand over fist. Your investors don’t care.
But when the goose that lays the golden egg dies, nobody is going to hand over money to get a 2% return. Might as well just buy treasuries with zero risk and a higher return.
You’re flipping the cause and effect. It’s not the demand for growth that changes a company, it’s the companies business changing such that the money doesnt come in via fire hose any more.
That demands culture change to show that you actually are doing something productive.
It’s growth period.
It’s easy to have a “hire smart people to do whatever” culture when the money is coming in hand over fist. Your investors don’t care.
But when the goose that lays the golden egg dies, nobody is going to hand over money to get a 2% return. Might as well just buy treasuries with zero risk and a higher return.
You’re flipping the cause and effect. It’s not the demand for growth that changes a company, it’s the companies business changing such that the money doesnt come in via fire hose any more.
That demands culture change to show that you actually are doing something productive.