I think the confusion is in treating competition as an single attribute rather than a set of relationships between different entities. Specifying the competitive dimensions, and who is competing for what, will probably resolve it. Generally, competition sucks for competitors and is good for customers. Every transaction has two sides.
Companies are competing for employees. This competition is good for employees (and irksome for companies), and there’s a puzzle about why a person would stay in a toxic environment rather than going to a nicer one. My hypothesis is that the perceived rewards (including perhaps-incorrect estimates of future promotions) are actually there and those that stay are making a choice, rather than being trapped.
Employees are competing with each other for positions. This is bad for the losers, good for the winners, and good for the companies, to the extent that the dimensions of competition are actually aligned with what the business needs. My hypothesis is that the competition in these cases is on illegible dimensions, so it’s unclear (from outside, and perhaps from inside and below, unlikely from inside and above) that it’s good for anyone.
Companies are competing with each other for customer money. Depending on how much customers pay attention and how agile they are, there may be more or less slack in this competition, and that may lead to better or weaker alignment between company needs and employee competition dimensions.
The contradiction I don’t get in the analysis so far is the simultaneous claim that competition is so fierce that it’s gone beyond actual competition into some overfitted mechanism (super-competitive), AND that it’s mostly a problem in orgs that have enough slack to not really care about this waste.
I think the confusion is in treating competition as an single attribute rather than a set of relationships between different entities. Specifying the competitive dimensions, and who is competing for what, will probably resolve it. Generally, competition sucks for competitors and is good for customers. Every transaction has two sides.
Companies are competing for employees. This competition is good for employees (and irksome for companies), and there’s a puzzle about why a person would stay in a toxic environment rather than going to a nicer one. My hypothesis is that the perceived rewards (including perhaps-incorrect estimates of future promotions) are actually there and those that stay are making a choice, rather than being trapped.
Employees are competing with each other for positions. This is bad for the losers, good for the winners, and good for the companies, to the extent that the dimensions of competition are actually aligned with what the business needs. My hypothesis is that the competition in these cases is on illegible dimensions, so it’s unclear (from outside, and perhaps from inside and below, unlikely from inside and above) that it’s good for anyone.
Companies are competing with each other for customer money. Depending on how much customers pay attention and how agile they are, there may be more or less slack in this competition, and that may lead to better or weaker alignment between company needs and employee competition dimensions.
The contradiction I don’t get in the analysis so far is the simultaneous claim that competition is so fierce that it’s gone beyond actual competition into some overfitted mechanism (super-competitive), AND that it’s mostly a problem in orgs that have enough slack to not really care about this waste.