Comment by maksimur
19 days ago
> There is no incentive to actually build a product in such a setting and there is no incentive to remain competitive since you cannot be fired, or penalized in some other form
That sounds horrible and stressful to be honest.
I won't disagree but it's the most effective way of getting an edge over the competition. Without the "reward and punishment" system in place, how else do you get that extra mile from your engineers? How else do you find an incentive to reduce the fat in the management structure? USA companies know how to do this very well and you cannot remain competitive unless you're willing to do the same or find some other similar system.