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Your need for a board grows with complexity.

Berkonomics

The operations of the corporation become more complex. Bank loans with restrictive covenants are taken on. I engineered the extraction of the outside investors, even at a near total loss. Then along comes either money or contracts from strategic or financial investors or partners. The number of employees grows.

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Why Crunch Modes Doesn't Work: Six Lessons

www.igda.org

As I dug around, I was stunned to discover that I was hardly the first one to figure this out: my observations have been common knowledge among industrial engineers for almost a century. They also want to avoid hiring extra resources that increase the cost of the finished goods unless absolutely necessary.

article thumbnail

The need for a board grows with complexity

Berkonomics

The operations of the corporation become more complex. Bank loans with restrictive covenants are taken on. I engineered the extraction of the outside investors, even at a near total loss. Then along comes either money or contracts from strategic or financial investors or partners. The number of employees grows.