More funny than true. Sure, bad management makes lots of talented people leave lousy jobs and try starting a business. Which leads to more competition, innovation, etc.
Then again, bad management makes perfectly good companies run themselves into the ground, destroying economic value and making lives miserable in the process.
Also, "bad management" is somewhat a matter of opinion. Those talented people who go on to start companies (and don't forget that some of them will fail) may soon have their own employees who inwardly grumble about their incompetent leadership. News flash: sometimes the boss is right. Not always, but sometimes.
Adams' outlook on corporate America is extremely cynical; he views incompetence as the surest path to promotion. To some degree, that is part of his personality, and he's very funny when he expounds his view. But realistically: to some degree, we hate work because it's work. If it was all cotton candy and rainbows, you'd pay to do it, not the other way around. Some of us can find careers we mostly like, and for some of us, that involves being our own boss. But work is still work, and being your own boss may just mean that you LIKE the sociopath who tells you what to do.
Its also a reflection of the specific places in corporate America he was in. Adams worked in banks and telecoms during the seventies and the eighties. Even today, these industries are quite slow moving, and back then, the pace of change was absolutely glacial. Its not hard to imagine that one's experience would be colored by dealing with people who know they have a job for life no matter what they do, simply because their corporation is a monopoly in its field.
Then again, bad management makes perfectly good companies run themselves into the ground, destroying economic value and making lives miserable in the process.
Also, "bad management" is somewhat a matter of opinion. Those talented people who go on to start companies (and don't forget that some of them will fail) may soon have their own employees who inwardly grumble about their incompetent leadership. News flash: sometimes the boss is right. Not always, but sometimes.
Adams' outlook on corporate America is extremely cynical; he views incompetence as the surest path to promotion. To some degree, that is part of his personality, and he's very funny when he expounds his view. But realistically: to some degree, we hate work because it's work. If it was all cotton candy and rainbows, you'd pay to do it, not the other way around. Some of us can find careers we mostly like, and for some of us, that involves being our own boss. But work is still work, and being your own boss may just mean that you LIKE the sociopath who tells you what to do.