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For example: As if governed by Newton's First Law of Motion, an institution will resist any change in its current direction; Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds; Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated. (en) |
