Personality cults subsidized by offshore labor arbitrage
Pros
Advancement location flexibility, motivated people,
Cons
- No cohesive long term strategy or vision beyond “make more money.” - Entire business model is based on labor arbitrage. Remove off-shore labor from the model, and the business won’t be profitable. Basically, it’s subsidized managerial capitalism at its worse. - Unhealthy culture.. Success is highly correlated with to egotistical personality traits. True talent and intellect is rarely rewarded and nurtured. - Lack of true leadership and accountability. People at the top are recycle often to hide incompetence. - Highly intelligent and talented resources are wasted on trivial tasks. - Old school mindset at the top. Majority come from financial background with limited vision of life and the future.