AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Universal Principle - The Distance Between Map and Territory
The universal principle, i think, is applicable a cross organizations and investing, is closing the distance between map and territory. And if you're talking about an incredibly inefficient organization, where you've got all these different, redundant layers of middle management, that means your model and reality are getting distorted as much as possible. A lot of people get into trouble in life when they become maximally abstracted. If you're living completely in the map and not in the territory, that's actually one of the descriptions of major depression. So basically, people in the executive suite, when no one wants to bring bad news to them, they're almost like a completely disconnected less hemisphere.