Corporate Stupidity
- Blind groper
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Corporate Stupidity
From my latest copy of New Scientist. 30 March page 33.
Quotes a study looking at how corporations make use of their brightest talents. Many corporations seek out highly talented people, but then immediately act to switch off the talent. They managed these brightest people in such a way as to ensure that their abilities were suppressed. This functional stupidity was a major contributor to the financial crisis. Those who had the smarts to see disaster coming were not permitted to act on that knowledge.
Sounds familiar. Corporations are just as stupid as ordinary people. It is just that their stupidity is more disastrous.
Quotes a study looking at how corporations make use of their brightest talents. Many corporations seek out highly talented people, but then immediately act to switch off the talent. They managed these brightest people in such a way as to ensure that their abilities were suppressed. This functional stupidity was a major contributor to the financial crisis. Those who had the smarts to see disaster coming were not permitted to act on that knowledge.
Sounds familiar. Corporations are just as stupid as ordinary people. It is just that their stupidity is more disastrous.
For every human action, there is a rationalisation and a reason. Only sometimes do they coincide.
- JimC
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Re: Corporate Stupidity
I read the same article, BG. The biggest problem is corporations in the financial sector, whose stupidity and/or shenanigans can have a disastrous multiplier effect on the whole economy, as we've already seen...
But in corporations that actually produce goods, there must be some variation in how they use their talented people - it would be interesting to see if the most successful of them have people-management policies that are less stupid than average...
But in corporations that actually produce goods, there must be some variation in how they use their talented people - it would be interesting to see if the most successful of them have people-management policies that are less stupid than average...
Nurse, where the fuck's my cardigan?
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- Gawdzilla Sama
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Re: Corporate Stupidity
The problem is the whole thing now revolves around the bottomline, so if they can't milk it, they fuck it.
- Blind groper
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Re: Corporate Stupidity
Having worked for such a corporation, I hold no hope that they are different. The outfit I worked for would say one thing, which was smart, and then do the exact opposite - stupid - thing in practice.JimC wrote: But in corporations that actually produce goods, there must be some variation in how they use their talented people - it would be interesting to see if the most successful of them have people-management policies that are less stupid than average...
For every human action, there is a rationalisation and a reason. Only sometimes do they coincide.
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Re: Corporate Stupidity
Universities are no different.
"A philosopher is a blind man in a dark room looking for a black cat that isn't there. A theologian is the man who finds it." ~ H. L. Mencken
"We ain't a sharp species. We kill each other over arguments about what happens when you die, then fail to see the fucking irony in that."
"It is useless for the sheep to pass resolutions in favor of vegetarianism while the wolf remains of a different opinion."
"We ain't a sharp species. We kill each other over arguments about what happens when you die, then fail to see the fucking irony in that."
"It is useless for the sheep to pass resolutions in favor of vegetarianism while the wolf remains of a different opinion."
Re: Corporate Stupidity
The best and the brightest seldom make it to managerial positions. Shit floats.
Outside the ordered universe is that amorphous blight of nethermost confusion which blasphemes and bubbles at the center of all infinity—the boundless daemon sultan Azathoth, whose name no lips dare speak aloud, and who gnaws hungrily in inconceivable, unlighted chambers beyond time and space amidst the muffled, maddening beating of vile drums and the thin monotonous whine of accursed flutes.
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- JimC
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Re: Corporate Stupidity
Although very dense turds sink...Azathoth wrote:The best and the brightest seldom make it to managerial positions. Shit floats.
Nurse, where the fuck's my cardigan?
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- klr
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Re: Corporate Stupidity
Azathoth wrote:The best and the brightest seldommake it to managerial positions. Shit floats.

From personal experience.

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It's not up to us to choose which laws we want to obey. If it were, I'd kill everyone who looked at me cock-eyed! - Rex Banner
The Bluebird of Happiness long absent from his life, Ned is visited by the Chicken of Depression. - Gary Larson



Re: Corporate Stupidity
"group think"? In Finnish there is a saying that spells it out very clearly "joukossa tyhmyys tiivistyy" (stupidity gets denser in a group).
The first principle is that you must not fool yourself, and you are the easiest person to fool - Richard Feynman
- Gawdzilla Sama
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Re: Corporate Stupidity
"The IQ of a crowd is that of the lowest IQ in the crowd divided by the number of people."MiM wrote:"group think"? In Finnish there is a saying that spells it out very clearly "joukossa tyhmyys tiivistyy" (stupidity gets denser in a group).
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Re: Corporate Stupidity
Rape, pillage, and then get the hell outBlind groper wrote:From my latest copy of New Scientist. 30 March page 33.
Quotes a study looking at how corporations make use of their brightest talents. Many corporations seek out highly talented people, but then immediately act to switch off the talent. They managed these brightest people in such a way as to ensure that their abilities were suppressed. This functional stupidity was a major contributor to the financial crisis. Those who had the smarts to see disaster coming were not permitted to act on that knowledge.
Sounds familiar. Corporations are just as stupid as ordinary people. It is just that their stupidity is more disastrous.


A rational skeptic should be able to discuss and debate anything, no matter how much they may personally disagree with that point of view. Discussing a subject is not agreeing with it, but understanding it.
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