Businesses MUST focus on incentivizing their capable employees correctly. If they did, there would be far less of these side-projects which double as portfolio support.
I know a few people who are very well-incentivized inside of the company they work for. They are very entrepreneurial, but they've been bought-off by very smart managers. When they retire, they will have done very well indeed without ever having to launch anything.
The problem for companies has become that it is so easy for many more people to create a startup on a shoestring budget that you have to incentivize many more people than you used to. What's a company to do? I'm not sure. I think this frustration is at the heart of David's grievance.
"Help ! My little wage slaves are not giving their maximum effort to me and instead putting it towards an effort that might at some point make them independent from me. This means I have less absolute control over them and they only do as good as I can reasonably expect them to do, instead of working their ass of to get me more money without any advantage to themselves."
Dear employers, you pay your people $x to do at least <y> effort. If y => y' does not translate into $x => $x' in a predictable and fair manner, you have no cause for complaints.
Businesses MUST focus on incentivizing their capable employees correctly. If they did, there would be far less of these side-projects which double as portfolio support.
I know a few people who are very well-incentivized inside of the company they work for. They are very entrepreneurial, but they've been bought-off by very smart managers. When they retire, they will have done very well indeed without ever having to launch anything.
The problem for companies has become that it is so easy for many more people to create a startup on a shoestring budget that you have to incentivize many more people than you used to. What's a company to do? I'm not sure. I think this frustration is at the heart of David's grievance.