Differences between revisions 4 and 5

RedTape and how it hurts business

AKA "organizational drag"
Michael Mankins and Eric Garton, Bain & Company partners
- companies have established procedures to allocate financial capital, but nothing similar for human capital.
- "an organization’s most valuable resource is its people, specifically their time, talent, and energy. This resource is often squandered in attending pointless meetings, handling irrelevant e-mail, and following bureaucratic procedures. They classify all of these time sinks under the term “organizational drag.”
2021 - https://techcrunch.com/2021/04/01/startups-must-curb-bureaucracy-to-ensure-agile-data-governance/?tpcc=ECTW2020

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+ * Michael Mankins and Eric Garton, Bain & Company partners
   *  companies have established procedures to allocate financial capital, but nothing similar for human capital.
   * "an organization’s most valuable resource is its people, specifically their time, talent, and energy. This resource is often squandered in attending pointless meetings, handling irrelevant e-mail, and following bureaucratic procedures. They classify all of these time sinks under the term “organizational drag.”