Bureaucracy Is Without Skin In The Game
Anyone who has ever worked in a big organisation before has surely dealt with the slow death of Bureaucracy. A function apparently inherent to HR departments.
Bureaucracy is without any semblance of Skin In The Game.
Nassim Taleb tirades against Bureaucracy and he does rightly so, because what does it mean to have Skin In The Game?
- You Own Your Risk.
- You Are Accountable.
- You Take Responsibility For Yourself.
And what do bureaucracies do? Precisely the opposite.
- They Dilute risk.
- They Pass On Accountability
- They Push Down The Line The Chain Of Responsibility.
Be wary of someone who thrives within a bureaucracy, they have mal intent and despite looking like a human, they are likely not.
Taleb & Sowell On Bureaucracy
“Bureaucracy is a construction designed to maximize the distance between a decision-maker and the risks of the decision”The Bed Of Procrustes, Nassim Taleb
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.Thomas Sowell
Skin in the game admonishes bureaucracy. Bureaucracy is a toxin, it is a systematic poison. It is a sad inevitability of large organisations and systems.
Ever wondered why so many people adore Trump?
Bureaucracy & Skin In The Game | The Incerto & Nassim Taleb Podcast
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