• protozoan_ninja@sh.itjust.works
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    3 months ago

    Apropos of nothing, there is research[1] showing that worker-owned coops are less likely to go bust than conventionally-managed firms, and that greater employment stability is likely one reason for their greater resilience. IE they’re not as likely to use layoffs when times get tough and therefore don’t pay as many of the costs associated with higher turnover and lower retention. Stronger, more invested teams = more resilient company. Or something like that.

    [1] http://web.archive.org/web/20240105070617/https://journals.sagepub.com/doi/10.1177/001979391406700108

      • melpomenesclevage@lemm.ee
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        3 months ago

        Literally the worst decision makers. I’d trust chatgpt trained on fantasy novels (with no MBA’s in them to poison the data set), a literal child, a schizophrenic monk from the 13th century who (because of the 13th century thing not the rest) cannot stop screaming, or a 12 sided dice on a table of the dumbest things youve ever done in an RPG, before I’d trust an MBA to make good decisions.

        Like, my confidence in someone drops straight through the earths crust when I hear ‘business school’.