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Worker owned cooperatives, worker managed teams, company decisions made democratically.
All other kinds of companies are dictatorships.
and why should that be any better? just because it appears democratic does not mean it makes it automatically "better" <- name 1 cooperation which has shown success for every 1000 "dictatorships"
democracies are plagued with slow reaction time which would take away your entire market edge. Also democries require transparency. If everyone knows the costing structure/ suppliers... you are done.
Why would we be done? Most of this stuff is public record or easy to determine if you have a head for business finance.
not really.. even for publically traded companies the you cannot tell much about their suppliers and customers. Most of the customers of the Firm I work for have NDAs stating we cannot openly advertise.
Only in services/tech sector where product differentiation is large you are a bit isolated form these concerns.
Oh please my competitors are often using the same suppliers and they have the same type of beancounters we have. Especially in my industry where we have a bunch of overlap. Just recently I had a corporate partner put together a quote for something we normally buy but wanted them to buy it. They came back with a price within a few percent of what we normally pay.
There is a reason why the three letter agencies are so good at catching money laundering. They have data on what X type of business should be buying and selling at what markup.
I bet you can do it. Just start looking at your numbers.
so you agree that numbers aren't currently in the public domain. You just think they can be and it wouldn't hurt.
Also this isn't the only problem I outlined. it's one of them.
also people are often disinterested and unqualified to even understand a balance sheet. let alone deciding on company direction.
I just find it fascinating that many people are convinced that they can run a company while they aren't even able to manage their own finances