2min chapter

The Morgan Housel Podcast cover image

Universal Laws of the World

The Morgan Housel Podcast

CHAPTER

The Expansion of Work and Resources: Analyzing Organizational Efficiency

This chapter delves into the concept introduced by a historian in 1955, which explains how tasks can inflate to consume all available resources and time. It examines the resulting inefficiencies in organizations and highlights a case involving staff reduction in a major tech company, showing that efficiency is not always related to the number of employees.

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