Jed, Very few small companies went belly up because of those examples I gave. The number of people impact was infinitesimal small. The other side is that many small companies had the flexibility to shift and therefore they grow.
AT&T has never invented anything. Shockley was given credit I think. Not important who and where as it was many people over decades getting there - I guess the selenium diode was a German invention in the 30is. Same thing for HP and TI, which actually are examples of companies that grow because of seeing the shift. I do not believe that there is a given formula for all small and all large companies. I do know that large corporation become stagnant and inflexible at some point in time. That would be OK. The problem is that we do not let them follow the natural part and go belly up. The government comes in and 'save the jobs'. Really they create a monster with total inflexibility. You know there are many small companies that are inflexible. That is because they are often managed by one individual and if he is inflexible then the company will be and probably not do so good. Unfortunately there are stubborn inflexible people that cannot see the forest for all the trees.. No, Jed small companies do not lack flexibility in general and to survive they need to be flexible. Best Regards , Lennart Thornros [email protected] +1 916 436 1899 Whatever you vividly imagine, ardently desire, sincerely believe and enthusiastically act upon, must inevitably come to pass. (PJM) On Thu, Apr 14, 2016 at 1:12 PM, Jed Rothwell <[email protected]> wrote: > Lennart Thornros <[email protected]> wrote: > > >> There is theory called the S-curve theory. Many examples from the vacuum >> tube / transistor evolution and calculators mechanic / solid state. Plenty >> of big companies went belly up as they did not react fast enough. >> > > So did many small companies. > > > >> This is why large corporations are a bad thing. They have no flexibility >> . . . >> > > The transistor was invented at AT&T, and the calculator at HP and TI. > Those were large corporations. Your own examples show that sometimes big > corporations are good thing, and they sometimes have flexibility. > > Small companies often lack flexibility. > > - Jed > >
