February 2009
Exits: Yahoo's Do-Nothings Set to Bleed Purple
by greutThe nature of corporations as they grow is to become glacial and bureaucratic because no one trusts anyone. You spend half the day reporting on what you do so execs higher up can keep an eye on you because they believe that some how, you're out to destroy the company. And probably, some number of employees are. Or at the very least, not working up to their potential. Here's an idea, do some careful hiring and recruiting, hire people who are excellent at their jobs AND have some moral fiber, and set them loose to do what you hired them for. No one gets hired to fill out status reports, but that's mostly what we all end up doing. So the good people leave for greener, entrepreneurial pastures, and the people happy about status reports stay, get promoted and the whole thing perpetuates itself until you have Yahoo, GM or any other number of glacial bureauracracies.
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