Why do fast-moving, innovative companies win?
Just ask the slow-moving incumbents.
I worked $3M(MMM)$ for 7 years. Even the most basic tasks were slow.
Approvals
Six Sigma
Lean Manufacturing
There was bureaucracy for everything.
Dozens of ways to kill a good idea.
Invest in speed.
Missing a 100x opportunity to get a 10% better price is a mistake you'll never forget.
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