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The little Stalins (Score:1)
It's always struck me as odd how a large company is like a small command economy inside the overall market system; that seems like a very inefficient way to run things. The only reason I can come up with for their success is the cost of regulatory compliance--the couple million dollars Sarbanes-Oxley costs is chump change to large companies but insurmountable to small ones.
Re:The little Stalins (Score:2)
Sarbanes-Oxley is hurting us on this side of the pond, too. British companies are really annoyed that they have to alter their local accounting practices to ensure they comply with US laws. It's quite a ripple effect.
And I doubt seriously that the cost of regulatory compliance has anything to do with ego-driven management. Consider that the RFP process is often driven by private investors demanding that the company be more accountable. Sometimes there's just too much information to sift through to find out who's doing what. The private sector fails just as much as the public sector.
This response brough to you by qr/INFORMATION OVERLO(?:AD|ORDS)/.
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Re: (Score:2)
OVERLOORDS? They do spell funny over there.
Re: (Score:2)
A loord [reference.com] is an obsolete term for a dull, stupid fellow. I meant that. Really.
STOP LOOKING AT ME LIKE THAT! I LIED, OK?!