Businesses should try to be the best, not the biggest
31–40 of 313 posts
Re: Businesses should try to be the best, not the biggest
#32There are 2 states in the forest: growing trees and rotting trees. Nothing in between. So this cancer analogy is a bit absurd. The same with business: business is growing or dying, I am not buying “we don’t want grow” argument.
I know plenty of people with small businesses that are neither growing nor dying, just paying the bills and making enough money to live happily. I'm kind of scared that people can't even imagine this is a possibility to be honest...
Not everything has to be the next facebook and have 100% yoy growth
Re: Businesses should try to be the best, not the biggest
#33I'm not the biggest fan of this analogy. I find it reductionist to the point it loses it's meaning. Actually the whole human body is constantly growing, not just cancers. I'm am growing new skin cells as we speak, approximately every x3 weeks I shed old skin cells so need new ones. The problem with cancerous cells is that the body stops recycling them and so then they grow unchecked. Modern companies are more like sk…
The result is that you have companies playing on many fields, delivering low quality for the customer, but often still impacting the market because of their sheer size and market-power on other fields. It is indeed disputable whether this behaviour is really justified and good on for the customer, or more harmful.
Re: Businesses should try to be the best, not the biggest
#34I'm not the biggest fan of this analogy. I find it reductionist to the point it loses it's meaning. Actually the whole human body is constantly growing, not just cancers. I'm am growing new skin cells as we speak, approximately every x3 weeks I shed old skin cells so need new ones. The problem with cancerous cells is that the body stops recycling them and so then they grow unchecked. Modern companies are more like sk…
One of the major problems in the modern west, especially the US, is that when crises have hit we’ve conflated helping “the people” with saving their employer. Imagine how differently things would look today if in 2008 there has been no bailouts for corporations, only direct aid to affected individuals.
To me, “too big to fail” is when we’ve turned companies cancerous.
Re: Businesses should try to be the best, not the biggest
#35Earlier quoted context omitted.
Yes – until you bring the stock market and investors into the picture. Oftentimes, companies will have a legal obligation to their stockholders to (attempt to) maximise profit…
Are you suggesting that the stock market and investors are carcinogens?
Re: Businesses should try to be the best, not the biggest
#36I've gone a bit off track there, but the point being, there IS no answer when I've explicitly asked "why" with regards to these things. Nobody knows. They just know they have "targets" and the targets are constantly moving.
/rant over
Re: Businesses should try to be the best, not the biggest
#37To push the metaphor a bit further isn't humanity itself a kind of cancer of the earth?
Re: Businesses should try to be the best, not the biggest
#38I'm not the biggest fan of this analogy. I find it reductionist to the point it loses it's meaning. Actually the whole human body is constantly growing, not just cancers. I'm am growing new skin cells as we speak, approximately every x3 weeks I shed old skin cells so need new ones. The problem with cancerous cells is that the body stops recycling them and so then they grow unchecked. Modern companies are more like sk…
Re: Businesses should try to be the best, not the biggest
#39Earlier quoted context omitted.
Yes – until you bring the stock market and investors into the picture. Oftentimes, companies will have a legal obligation to their stockholders to (attempt to) maximise profit…
Maximizing profit is a good thing.
Re: Businesses should try to be the best, not the biggest
#40There are 2 states in the forest: growing trees and rotting trees. Nothing in between. So this cancer analogy is a bit absurd. The same with business: business is growing or dying, I am not buying “we don’t want grow” argument.