From The Economist here.
The above may be correct for corporations, in my experience in the entrepreneurial world the above curve is inverted. But then "burn out" is a common occurrence as well.
UPDATE: I was asked given that I have created and led smaller companies and also been in multinational, why the curve does not apply to entrepreneurial or smaller ventures?
The answer is quite simple: Entrepreneurs work on what they love, can't stop thinking about, and want to make sure it is successful. Same does not hold true in a multinational. In larger corporations, mostly the work is assigned, loving what you do is not necessarily true, yet most of all, the creative mind is caught in the proxy battles.
What is a proxy battle? A proxy battle is one where the executive layer of the company is vying and fighting for the top spot. That creates a war, which disseminates down the hierarchical chain turning in proxy battles between the various organizations.
UPDATE: I was asked given that I have created and led smaller companies and also been in multinational, why the curve does not apply to entrepreneurial or smaller ventures?
The answer is quite simple: Entrepreneurs work on what they love, can't stop thinking about, and want to make sure it is successful. Same does not hold true in a multinational. In larger corporations, mostly the work is assigned, loving what you do is not necessarily true, yet most of all, the creative mind is caught in the proxy battles.
What is a proxy battle? A proxy battle is one where the executive layer of the company is vying and fighting for the top spot. That creates a war, which disseminates down the hierarchical chain turning in proxy battles between the various organizations.
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