Business

Philip Morgan

<a class=’internal-link’ href=’/Pournelle’s%20iron%20law%20of%20bureaucracy’>Pournelle’s iron law of bureaucracy</a>

Beware of coordination headwinds

Notes mentioning this note

Build and sell
[[Drucker]] said that [[Business]] has only two basic functions: Innovation and Marketing ([[Marketing is design]]).
Hourly billing punishes expertise
[[Incentives matter]]. And billing by the hour has bad incentives. There is no financial incentive to get better at what...
Strategy
What is Strategy, Ditching Hourly Podcast
Build and sell
[[Drucker]] said that [[Business]] has only two basic functions: Innovation and Marketing ([[Marketing is design]]).
Hourly billing punishes expertise
[[Incentives matter]]. And billing by the hour has bad incentives. There is no financial incentive to get better at what...
Strategy
What is Strategy, Ditching Hourly Podcast

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