How much do failing companies and countries have in common? In this episode of The Lonely Office, we follow Lianna, a young attorney watching her dream of partnership fade away as her firm’s leadership hoards profits and power.
Inspired by the Nobel Prize-winning book Why Nations Fail, we explore how the "extractive policies" that doom nations—concentrating wealth and power in the hands of a few—also plague companies. From Blockbuster's $50M Netflix blunder to today's imploding startups, we examine how resistance to change, decision-making concentrated in the hands of the CEO and close executives, and a lack of organizational justice—such as undeserved promotions—can collectively pave the way for spectacular collapses.
Are modern companies built to last, or are they simply extracting value on their way to inevitable failure?
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