14min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP608: Long-Term Compounding w/ Chris Mayer

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Concept of Decentralization and Incentivizing Teams

This chapter explores the concept of decentralization within Constellation and the challenges of incentivizing teams. It discusses the frustrations and concerns of senior managers as the conglomerate grows and their impact diminishes. The chapter also touches on the experiments with spin-offs as a strategic tool and discusses the motivations behind two specific spin-offs.

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