Big is Broken
I’ve seen a lot of blogs lately asking “Is _____ Broken?” You fill
in the blank; The Free Market, Venture Capital, X Business.
I’m here to tell you that none of those are broken. What is broken is Big. Big, VC firms, Big Business, Big Market Funds, Big Real Estate. I would also take it step further and say that it’s not just big things, but traditional things.
It used to be that big companies (big anything) had an advantage at being big because they could optimize processes and realize all the additional profits. Now small companies can do the same thing.
I think the goal should be for everything to go small. That doesn’t mean that big corporations are going to go away. They just need to get even more dispersed. The business groups will be smaller and the companies will get smaller.
In order to do this successfully I think they’ll need to focus on transparency and enabling (and trusting) your employees and managers to act on behalf of the company.
Of course I also happen to think that Social Media in the Enterprise is a great way to enable this for both big and small companies.
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- Is the VC Model Broken | TechWag
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