| ▲ | lkramer 7 hours ago |
| To be honest, this actually sounds kinda healthy. |
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| ▲ | _aavaa_ 7 hours ago | parent | next [-] |
| Sears would like to have a word about how healthy intra-company competition is. |
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| ▲ | marcosdumay 6 hours ago | parent | next [-] | | Sears had horizontal market where all of it did basically the same thing. Samsung is a huge conglomerate of several completely different vertical with lots of redundant components. It makes absolutely no sense to apply the lessons from one into the other. | | |
| ▲ | StableAlkyne 6 hours ago | parent | next [-] | | I think what the GP was referring to was the "new" owner of Sears, who reorganized the company into dozens of independent business units in the early 2010s (IT, HR, apparel, electronics, etc). Not departments, either; full-on internal businesses intended as a microcosm of the free market. Each of these units were then given access to an internal "market" and directed to compete with each other for funding. The idea was likely to try and improve efficiency... But what ended up happening is siloing increased, BUs started infighting for a dwindling set of resources (beyond normal politics you'd expect at an organization that size; actively trying to fuck each other over), and cohesion decreased. It's often pointed to as one of the reasons for their decline, and worked out so badly that it's commonly believed their owner (who also owns the company holding their debt and stands to immensely profit if they go bankrupt) desired this outcome... to the point that he got sued a few years ago by investors over the conflict of interest and, let's say "creative" organizational decisions. | | |
| ▲ | silisili 4 hours ago | parent | next [-] | | This happened at a place where I worked years ago, but not as 'on purpose.' We were a large company where most pieces depended on other pieces, and everything was fine - until a new CEO came in who started holding the numbers of each BU under a microscope. This led to each department trying to bill other departments as an enterprise customer, who then retaliated, which then led to internal departments threatening to go to competitors who charged less for the same service. Kinda stupid how that all works - on paper it would have made a few departments look better if they used a bottom barrel competitor, but in reality the company would have bled millions of dollars as a whole...all because one rather large BU wanted to goose its numbers. | |
| ▲ | red-iron-pine 5 hours ago | parent | prev | next [-] | | to put a finer point on it, it wasn't just competition or rewarding-the-successful, the CEO straight up set them at odds with each other and told them directly to battle it out. basically "coffee is for closers... and if you don't sell you're fired" as a large scale corporate policy. | |
| ▲ | _aavaa_ 5 hours ago | parent | prev | next [-] | | Yes, this is what I was referring to. I should have provided more context, thanks for doing so. | |
| ▲ | marcosdumay 5 hours ago | parent | prev [-] | | That was a bullshit separation of a single horizontal cut of the market (all of those segments did consumer retail sales) without overlap. The part about no overlaps already made it impossible for them to compete. The only "competition" they had was in the sense of TV gameshow competition where candidates do worthless tasks, judged by some arbitrary rules. That has absolutely no similarity to how Samsung is organized. |
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| ▲ | reaperducer 6 hours ago | parent | prev [-] | | Sears had horizontal market where all of it did basically the same thing. Samsung is a huge conglomerate of several completely different vertical with lots of redundant components. Sears was hardly horizontal. It was also Allstate insurance and Discover credit cards, among other things. | | |
| ▲ | marcosdumay 5 hours ago | parent [-] | | Ok. And if it did divide on the borders of insurance and payment services, the reorganization wouldn't have been complete bullshit and may even have been somewhat successful. |
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| ▲ | HugoTea 5 hours ago | parent | prev [-] | | Nokia too |
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| ▲ | dgemm 6 hours ago | parent | prev | next [-] |
| It's a forcing function that ensures the middle layers of a vertically integrated stack remain market competitive and don't stagnate because they are the default/only option |
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| ▲ | fransje26 6 hours ago | parent | prev | next [-] |
| Yeah, makes absolute sense. A bit like Toyota putting a GM engine in their car, because the Toyota engine division is too self-centered, focusing to much on efficiency. |
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| ▲ | cobalt60 6 hours ago | parent [-] | | You mean toyota putting bmw engine (supra). Your statement is contradicting as Toyota has TRD, which focuses on the track performance. They just couldn't keep up with the straight six perf+reliability when comparing to their own 2jz | | |
| ▲ | Der_Einzige 5 hours ago | parent [-] | | Buying a Supra is stupid. Either buy a proper BMW with the b58/Zf8 speed and get a proper interior or stop being poor and buy an LC500. Better yet, get a C8 corvette and gap all of the above for a far better value. You can get 20% off msrp on factory orders with C8 corvettes if you know where to look. |
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| ▲ | itsastrawman 6 hours ago | parent | prev | next [-] |
| The opposite, nepotism, is very unhealthy, so i think you're correct. |
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| ▲ | hammock 5 hours ago | parent [-] | | Not sure that the opposite of transfer pricing is nepotism. As far as I know it’s far more common for someone who owns a lake house to assign four weeks a year to each grandkid , than to make them bid real money on it and put that in a maintenance fund or something. Though it’s an interesting idea, it’s not very family friendly |
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| ▲ | zoeysmithe 6 hours ago | parent | prev [-] |
| n/a |
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| ▲ | crazygringo 5 hours ago | parent [-] | | I genuinely can't tell if this is sarcasm? Or do you live somewhere where this is taught? |
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