Posts tagged business partnerships
Work In Partnerships, Not Hierarchies

Almost all “jobs” are hierarchal. Each person answers to the person with a higher rank. This is a terrible way to organize people. First, hierarchies reinforce the principal / agent problem - a critical issue in business. Second, hierarchal relationships don’t compound over time because of the leader / follower dynamic. You need an equal partnership where both people bring value to compound trust and align incentives. Work in partnerships, not hierarchies.

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