Why Rewarding Competitiveness Is Stupid If You Want To Make Money (Repost)
Here’s a repost from 2006 that didn’t make it over. It describes a set of studies that so disturb the basic religion of MBA that it required replication across the world to get published. With minor revisions.
American business rewards competitiveness.
That may seem like a know-nothing statement. Markets reward people with the best product. Most people in America believe that markets are a place of true competition. Conservatives believe that they should be pure competition, with little or no restraints. So it shouldn’t be surprising that American business loves competitors.
So regardless of your political orientation, you probably think that this is a good thing.
The problem is that business isn’t a competition. It’s about making profit.
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January 22, 2009 No Comments
