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Management consulting firms are effectively another form of this, but for shorter term installments
Lightspark CEO sat down with from to discuss whatโs possible with and why it's time to move beyond the 1970s payment technology still in use today. Watch the full interview here: youtube.com/watch?v=4jQErN
0:02 / 0:25
Everything is important. Without hedge funds who buys the overpriced martinis. Huh paul . Ever think of that .with your ball bearings. The balls on this one
But it's not correct. Comp model, actual responsibilities, day to day life very different
An obvious issue is that the rate of potential new CEOs graduating from Harvard business school every year is pretty consistent. There might be some number of companies that need new CEOs every year, but it's likely to be very "lumpy."
There's a big supply/demand mismatch.
AFAIK there isnโt a ball bearings shortage, so maybe this system works?
the central flaw here is that HBS doesn't teach you how to run a ball bearing company
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@VocationWizard
this is a model of everything that uses some version of a sign up process actually
Ok but what if the bearing company and the harvard grad actually have really good reasons for disliking one another, and forcing them together is how we get so many "private equity bought this company and ran it into the ground" stories.
Isn't this from like two months ago? (I ask because I read Levine on a ~2 month lag, and feel like I read this quite recentlyโฆ)
Big Ball Bearings shareholders pissed they donโt have the margins of Tech - Private Equity + Consultants swoop in to โfixโ this* - now do this for every heavy industry <3
* How is the $64x question
he trolls politely and makes it look those graduate value more in their own eye.
isnt this the piece on Graham Weaver's Alpine Capital?
thought it was a good model to recruit talent for the benefit of their less than sexy companies
was this written by someone who graduated from one canadaโs top business schools with really good grades?
replace Harvard Business school with NBA from any business school and you have a more accurate description of what goes on
MBA's destroy more businesses than any other cause
worst destroyer in history was Carly Fiorina who ruined both Bell labs and HP. Immelt ruined GE
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I am 100% sure there is no they in world in any field who writes this high quality humorous newsletter Ever while explaining must esoteric boring stuff. The best there is...they best there was and the best there ever so be... .