A CEO stands in front of his crumbling, century-old factory and speaks to his employees. “I promise that no matter what, I will never renovate this place. No matter how many worn-out items break, no matter how much our out-of-date machinery slows us down, no matter how many people tease us for clinging to fax machines over email, I will keep this factory going as-is. It’s time to embrace the inefficient.”
How long do you think a company operated in such a fashion would last? How long do you think its employees would have jobs?
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