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dworksyesterday at 1:41 AM2 repliesview on HN

However, you must be aware that speed is an outcome, not a strategy. Speed for the sake of speed is often extremely slow and wastes months or years, and billions in investment: https://dilemmaworks.com/on-china-speed


Replies

N_Lensyesterday at 3:21 AM

In poorly thought out analysis, outcomes often become goals because cause and effect are not properly understood.

tlbyesterday at 10:46 AM

It works somewhat better at the national level than the company level. By encouraging companies to move fast, some will fail but the employees will have gained experience that gets carried into other companies in the industry. At the company level billions were wasted, but at the national level billions were invested in practical on-the-job training.