Re:Is growth in the financial sector good for the economy?
by TeMPOraL on Monday July 20, 2015 @02:34PM
(#9918046)
I think that any large business is already too large for the top to micromanage things. No human has enough time and free computing power in their head to do that. That's why I believe central planning run by humans is unworkable - we're too slow to handle the complexity.
But then again, successful micromanagement happens - it's usually called "strong leadership", "CEO with vision", etc. Apple with Jobs and Amazon with Bezos come to mind as past examples (not sure how Amazon is doing now, but there was a lot of praise written for Jeff's micromanagement), and the most visible current one would be Tesla and SpaceX under Elon Musk.
Re:Is growth in the financial sector good for the economy?
by arethuza on Monday July 20, 2015 @08:59AM
(#9915667)
Worth noting that Google seems to use Oracle Hyperion - you pretty much have to use tools like Hyperion for consolidated financial reporting once a company gets past a certain complexity level.
If there was a solid argument WRT scaling explaining why the result would be different at extreme scale vs business scale then the picture might be brighter for central planning.
There are also growth rate issues where your two examples are unfortunately companies experiencing an implosion of mindshare, people run from those companies as fast as they can, not run toward them. That is probably just an unfortunate coincidence but does look bad for central planning PR. There must be some "cool companies" that centrally plan and are successful? Or maybe there aren't?